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    Al Philpott Hwy Spencer, VA 24112

    For Sale
    Contact for pricing

    Land - Spencer, VA

    Lot size:
    1.00 Acre
    Days on Market:
    29
    Last Refresh:
    Dec 8 at 9:06 pm

    Property Features for Al Philpott Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.00 Acre

    Building Details

    Architectural style
    Other

    United Country-Lambert Realty (276) 694-2646

    Listing agent Johnny Lambert (276) 694-2646

    Listing date Nov 10, 2025

    MLS# 144526 Listing URL

    Copyright © 2025 Martinsville, Henry, Patrick Counties Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    One Acre Lot in Spencer

    This one-acre lot is located in Henry County, Virginia. The mostly cleared and level parcel offers visibility and accessibility, fronting on Highway 58. It is situated minutes from Blue Ridge Airport in Spencer, VA. This property may be suitable for building a home, business, or investment property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Spencer
    County
    Henry
    State
    Virginia
    Longitude
    -79.9623956
    Latitude
    36.6253238

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    FAQs

    What type of property is this?
    Land - One-acre lot with visibility and accessibility in Henry County, VA.
    Where is this land located?
    The property is located at Al Philpott Hwy Spencer, VA.
    What is the asking price?
    The asking price for this property is $29,000.
    What are key features of this property?
    This property features: - Excellent visibility and accessibility due to highway frontage on Highway 58.; - Level and mostly cleared 1-acre parcel, ready for development.; - Convenient access to nearby amenities.
    (276) 694-2646
    Request Owner's contact information
    Al Philpott Hwy Spencer, VA 24112
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    Spencer, VA 24112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Al Philpott Hwy Spencer, VA 24112
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