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

    Grace Stone Drive lot 18 Clarksville, VA 23927

    View on Map
    For Sale
    $55,000

    LAND - Clarksville, VA

    Lot size:
    2.39 Acres
    Added:
    Sep 24, 2025
    Days on Market:
    197
    Last Refresh:
    Apr 8 at 8:06 pm

    Property Features for Grace Stone Drive lot 18

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    res
    Vegetation
    Wooded
    Standard status
    Active
    APN
    18
    Lot size
    2.39 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    prn 36022
    Tax Annual Amount
    275

    Utilities

    Utilities
    Electricity Available
    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Karin Kuhn
    Karin Kuhn

    Listing agent Karin Kuhn License #0225166599

    Listing office POINTE REALTY GROUP LLC 5901 Falls of Neuse Rd St. 200, RALEIGH, VA

    Listing date Sep 24, 2025

    MLS# 10123701

    Copyright © 2026 Doorify MLS of North Carolina. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land in Grace Stone Estates

    Located in Grace Stone Estates, this 2.39-acre property offers an opportunity to build a home in the Kerr Lake Region. The land features shade trees and Owens Creek. The community includes a pond and is located near Kerr Lake, Kinderton Country Club, and other amenities in Southside Virginia. The property is situated in Clarksville, Virginia, offering access to the town's lakefront and community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Clarksville
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.584415
    Latitude
    36.620781

    Nearby Similar for Sale

    • $750,000
      2,510 SF

      30-Acre Clarksville Development Opportunity

      Exceptional 30-acre property with development potential in Clarksville, Virginia.
      1324 Noblin Farm Road, Clarksville, VA 23927
      View Details
    • $300,000

      Waterfront Lot with Private Dock

      Waterfront lot near Clarksville with private dock/buoy permit.
      719 Ferry Hill Trail, Clarksville, VA 23927
      View Details
    • $450,000
      1,568 SF

      Lakefront Ranch Home with Shared Dock

      Move-in ready lake house with shared dock near Clarksville.
      658 Ferry Hill Trail, Clarksville, VA 23927
      View Details
    • $585,000
      2,676 SF

      Waterfront Home on Kerr Lake

      Three-bedroom home with 271 ft of waterfront on Kerr Lake.
      508 Hazelnut Drive, Clarksville, VA 23927
      View Details
    • $299,900
      3,040 SF

      Clarksville Brick Duplex Investment Opportunity

      Duplex in the heart of Clarksville with income potential.
      308 Fifth Street, Clarksville, VA 23927
      View Details
    • $300,000

      Waterfront Lot in Clarksville, VA

      1.1 acre waterfront lot with dock slip near Clarksville.
      701 Ferry Hill Trail, Clarksville, VA 23927
      View Details
    • $400,000

      Waterfront Land with Sunset Views

      3.7 acres of waterfront land with 370 feet of shoreline.
      563 Sunset Blvd, Clarksville, VA 23927
      View Details
    • $400,000

      Waterfront Land on Kerr Lake

      3.7 acres of waterfront land with 370 feet of shoreline.
      563 Sunset Boulevard, Clarksville, VA 23927
      View Details
    • $225,000
      1,303 SF

      Classic Farmhouse on Nearly 4 Acres

      Charming 3-bedroom farmhouse on nearly 4 acres in Clarksville.
      80 Howell Place, Clarksville, VA 23927
      View Details
    • $195,000

      Clarksville Land Near Downtown

      Six lots near downtown Clarksville, suitable for commercial or residential use.
      Fourth Street, Clarksville, VA 23927
      View Details
    • $450,000
      1,456 SF

      Immaculate Home Near Kerr Lake

      Well-maintained home on 1.76 acres near Kerr Lake.
      35 Hollyfield Court, Clarksville, VA 23927
      View Details
    • $350,000
      1,274 SF

      Charming Ranch with Lake Views

      Updated 2-bedroom home in Clarksville's Golf Cart District.
      405 Fifth Street, Clarksville, VA 23927
      View Details

    FAQs

    What type of property is this?
    Land - 2.39 acres to build your dream home near Kerr Lake.
    Where is this land located?
    The property is located at Grace Stone Drive lot 18 Clarksville, VA.
    What is the asking price?
    The asking price for this property is $55,000.
    What are key features of this property?
    This property features: Large 2.39 acre lot ideal for building a dream home.; Located in Grace Stone Estates, a community with high‑caliber homes.; Owens Creek meanders through the property, creating a private oasis.
    (434) 774-9551
    We can help!
    Listing Contact
    Karin Kuhn
    Karin Kuhn
    Real Estate License ID: 0225166599
    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!