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

    MOCKINGBIRD LANE- LOT 21 Mount Jackson, VA 22842

    View on Map
    For Sale
    $47,500

    LAND - MOUNT JACKSON, VA

    Lot size:
    3.01 Acres
    Added:
    Apr 4, 2025
    Days on Market:
    363
    Last Refresh:
    Apr 1 at 5:06 pm

    Property Features for MOCKINGBIRD LANE- LOT 21

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    3.01 Acres

    Taxes and HOA fees

    TaxAnnualAmount
    220

    We can help!

    Listing Contact
    Melissa M. Andrews

    Listing agent Melissa M. Andrews License #0225256739

    Listing office Johnston and Rhodes Real Estate 336 S MAIN Street, WOODSTOCK, VA

    Listing date Apr 4, 2025

    MLS# VASH2011104

    Copyright © 2026 Bright 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 Mount Jackson

    This 3.01-acre parcel is located on Mockingbird Lane just outside of Mt. Jackson, Virginia, in a quiet subdivision. The property is approximately seven miles from town. It has already been approved for a 2-bedroom septic certification and is suitable for building a home or weekend cabin.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Mount Jackson
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.6966
    Latitude
    38.7716

    Nearby Similar for Sale

    • $299,900
      2,722 SF

      Mount Jackson Residential Building For Sale

      Residential building in Mount Jackson, VA, with flexible layout.
      6043 BROAD ST, MOUNT JACKSON, VA 22842
      View Details
    • $85,000

      Commercial Lot on Route 11

      Commercial lot with high visibility and development potential.
      N MAIN, MOUNT JACKSON, VA 22842
      View Details
    • $250,000

      Pastoral Land in Mount Jackson

      8.57 acres of cleared land ready for building.
      ORKNEY GRADE, MOUNT JACKSON, VA 22842
      View Details
    • $39,000

      Residential Lot in Bryce Mountain

      0.85 acre residential lot in scenic Shenandoah County.
      BOGAN, MOUNT JACKSON, VA 22842
      View Details
    • $200,000

      Land with Mountain Views

      6.02-acre lot ready for construction with mountain views.
      0 BAUSERMAN RD, MOUNT JACKSON, VA 22842
      View Details
    • $2,999,000
      2,722 SF

      Mount Jackson Mixed-Use Property

      Residential-zoned property with flexible layout in Mount Jackson, Virginia.
      6043 Broad St, Mount Jackson, VA 22842
      View Details
    • $7,500

      Bryce Resort Land with View

      0.53 acre lot with panoramic view at Bryce Resort.
      CRAB APPLE, MOUNT JACKSON, VA 22842
      View Details
    • $129,000

      Versatile Land with Pond, Building

      3-acre property with pond and pole building for various uses.
      SENEDO, MOUNT JACKSON, VA 22842
      View Details
    • $250,000

      Residential Land in Mount Jackson

      8.57 acre residential land for sale in Mount Jackson, VA.
      0 ORKNEY GRADE, MOUNT JACKSON, VA 22842
      View Details
    • $159,900

      Riverfront Land with Utilities Included

      Improved riverfront parcel with paid water and sewer connections.
      143 MONTVUE AVE, MOUNT JACKSON, VA 22842
      View Details
    • $2,000,000
      50,000 SF

      Industrial Space on 6.2 Acres

      50,000+ SF industrial space with I-81 access.
      6136 MAIN STREET, MOUNT JACKSON, VA 22842
      View Details
    • $1,845,000

      Exceptional 128-Acre Farm with Two Homes

      Versatile farm property with two homes, suitable for various uses.
      254 Carte Ln, MOUNT JACKSON, VA 22842
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 3.01-acre parcel approved for a 2-bedroom septic.
    Where is this residential land & home lot located?
    The property is located at MOCKINGBIRD LANE- LOT 21 Mount Jackson, VA.
    What is the asking price?
    The asking price for this property is $47,500.
    What are key features of this property?
    This property features: Approved for a 2‑bedroom septic system.; 3.01‑acre parcel, perfect for your dream home or weekend cabin.; Located in a quiet subdivision.
    (540) 335-2901
    We can help!
    Listing Contact
    Melissa M. Andrews
    Real Estate License ID: 0225256739
    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!