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    Gilfield Dr Forest, VA 24551

    For Sale
    $150,000

    Unimproved Land - Forest, VA

    Type:Unimproved Land
    Lot size:
    1.12 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 8 at 11:06 am

    Property Features for Gilfield Dr

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    Zoning
    R-1
    APN
    81-9-4
    Lot size
    1.12 Acres

    Taxes and HOA fees

    Expense value
    90
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Mark A. Dalton & Co., Inc. (434) 237-6267 [email protected]

    Listing agent Barbara Terzakos (434) 841-8405 License #0225241335

    Listing date Sep 23, 2025

    MLS# 362102 Listing URL

    Copyright © 2025 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Land in Forest, VA

    This is a 1.12-acre corner building lot located in the Gilfield Village community of Forest, Virginia. Zoned R-1, the property is suitable for residential use, offering an opportunity to build a home.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Forest
    County
    Bedford
    State
    Virginia
    Longitude
    -79.311887
    Latitude
    37.413403

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    FAQs

    What type of property is this?
    Residential land & home lot - Corner lot in Gilfield Village, build your dream home.
    Where is this residential land & home lot located?
    The property is located at Gilfield Dr Forest, VA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Over a full acre to build your dream home.; - Corner building lot.; - Located in the desirable Forest community of Gilfield Village.
    (434) 841-8405
    Request Owner's contact information
    Gilfield Dr Forest, VA 24551
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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
    Gilfield Dr Forest, VA 24551
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