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    Gully Tavern Ln Rice, VA 23966

    For Sale
    $199,900

    Land - Rice, VA

    Lot size:
    30.00 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for Gully Tavern Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Gently Rolling
    Lot size
    30.00 Acres

    Building Details

    Architectural style
    Other

    RE/MAX Advantage Plus (434) 392-1999

    Listing agent Rebecca Simpson (434) 392-1999

    Listing date Oct 21, 2025

    MLS# 57922 Listing URL

    Copyright © 2025 South Central 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

    Land for Residential Development

    This 30-acre lot, located in Rice, VA, is partially wooded and partially open, offering a versatile landscape for development. The property features road frontage on Gully Tavern Lane, along with a 30 ft easement off of Gully Tavern Road. The location provides an easy commute to both Farmville and Richmond, making it a potentially desirable site for residential construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Rice
    County
    Prince Edward
    State
    Virginia
    Longitude
    -78.288031
    Latitude
    37.27734

    Nearby Similar for Sale

    • $275,000
      2,904 SF

      Prime Rice Commercial Building

      Spacious, modern commercial space in quiet location.
      1787 Lockett Rd, Rice, VA 23966
      View Details

    FAQs

    What type of property is this?
    Land - 30-acre lot suitable for building a home near Farmville.
    Where is this land located?
    The property is located at Gully Tavern Ln Rice, VA.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Great location with an easy commute to Farmville and Richmond; - Partially wooded and partially open lot; - Road frontage on Gully Tavern Lane
    (434) 392-1999
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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
    Gully Tavern Ln Rice, VA 23966
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