Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Council Drive Coeburn, VA 24230

    View on Map
    Claim this Listing
    New
    For Sale
    $85,000

    LAND - Coeburn, VA

    Lot size:
    0.10 Acres
    Added:
    Apr 14, 2026
    Days on Market:
    4
    Last Refresh:
    Apr 17 at 10:06 am

    Property Features for Council Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Standard status
    Active
    APN
    14a 1 2i
    Lot size
    0.10 Acres

    Taxes and HOA fees

    Tax Annual Amount
    19

    We can help!

    Listing Contact
    Joana Glovier
    Joana Glovier

    Listing agent Joana Glovier License #00325247

    Listing office Momentum Group 212 E Market, Kingsport, VA

    Listing date Apr 14, 2026

    MLS# 9993859 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cabin Kit in High Knob

    Located in the High Knob area of Scott County, this property offers a unique opportunity for a mountain retreat. The lot includes a 12x20 two-story cabin kit that is partially assembled and ready to be completed. The cabin, originally from Kentucky, features a design with a 4-foot front porch. An outhouse is already in place on the property. This wooded setting is suited for those seeking an off-grid lifestyle or a simple getaway. The property is near Bark Camp Lake. Potential uses include a weekend retreat, hunting cabin, Airbnb investment, or a DIY project.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Coeburn
    County
    Wise
    State
    Virginia
    Longitude
    -82.5228136
    Latitude
    36.8527749

    Nearby Similar for Sale

    • $1,000,000
      10,000 SF

      Coeburn Multifamily Investment Opportunity

      Four properties with immediate income and significant upside potential.
      207 NE Diagonal Avenue, Coeburn, VA 24230
      View Details
    • $275,000
      3,600 SF

      Turnkey Commercial Space in Coeburn

      Versatile 3,600 sqft commercial space suitable for various businesses.
      118 NE Grand Avenue, Coeburn, VA 24230
      View Details
    • $110,000

      Private Mountain Land for Outdoor Enthusiasts

      78.96 acres of private mountain land in Coeburn, VA.
      Bull Run Road, Coeburn, VA 24230
      View Details
    • $265,000

      26 Acres in Coeburn, VA

      26-acre parcel with development potential in Coeburn, Virginia.
      11210 Riverview Road, Coeburn, VA 24230
      View Details
    • $89,999

      Coeburn Land with Mountain Views

      Two parcels totaling 13.2 acres with building potential.
      River Lane, Coeburn, VA 24230
      View Details
    • $22,734

      Residential Land in Coeburn, VA

      1.22 +/- acres of residential land for sale.
      2556 Dungannon Road, Coeburn, VA 24230
      View Details
    • $19,900

      Coeburn, VA Land Opportunity

      Land for sale in Coeburn, Virginia.
      210 NE Grand Avenue, Coeburn, VA 24230
      View Details
    • $35,500
      675 SF

      Coeburn Commercial Unit For Sale

      675 SF commercial unit in Coeburn Business Building.
      340 E Front Street, Coeburn, VA 24230
      View Details
    • $40,500
      675 SF

      Coeburn Business Building Commercial Unit

      675 sq ft commercial unit in Coeburn, Virginia.
      340 Front Street, Coeburn, VA 24230
      View Details
    • $8,500

      Vacant Lot in Coeburn, VA

      Residential land with utilities available, suitable for building a home.
      Buckingham Road, Coeburn, VA 24230
      View Details
    • $8,500

      Coeburn Vacant Residential Lot

      Vacant lot with mountain views, utilities available, no restrictions.
      Essex Road, Coeburn, VA 24230
      View Details
    • $1,491,750
      8,400 SF

      Family Dollar Leased Investment Property

      NNN leased investment property with long-term tenant.
      202 FRONT ST, COEBURN, VA 24230
      View Details

    FAQs

    What type of property is this?
    Recreation land - Partially assembled cabin kit in the High Knob area.
    Where is this recreation land located?
    The property is located at Council Drive Coeburn, VA.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: Located in the desirable High Knob area known for **views and recreation.**; Includes a 12x20 two‑story cabin kit, partially assembled on‑site.; Features a **4‑foot covered front porch.**
    (360) 362-2700
    We can help!
    Listing Contact
    Joana Glovier
    Joana Glovier
    Real Estate License ID: 00325247
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!