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    Old Fire Tower Ln Penhook, VA 24137

    For Sale
    $698,000

    LAND - Penhook, VA

    Lot size:
    278.00 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 9 at 3:06 am

    Property Features for Old Fire Tower Ln

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    N/Z
    Lot size
    278.00 Acres

    Utilities

    Water front features
    Creek
    Water front
    1

    M.O.P. OUTDOOR REALTY LLC (704) 658-1121 [email protected]

    Listing agent Justin Rolfe (704) 998-1013

    Listing date Oct 19, 2025

    Copyright © 2025 Southwest Virginia 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

    278 Acres of Unrestricted Land

    Located in Franklin County, Virginia, this 278+/- acre unrestricted land tract offers a mix of timber investment, recreation, and mountain views. The property includes an established pine plantation, featuring 12+ year-old planted pines. The open understory beneath the pines makes it easy to navigate the property, with over 1.4 miles of internal trails connecting ridgelines, old logging decks, and creek access points. Two mountain creeks, including Grassy Fork Creek, merge on the western boundary, creating over 1 mile of year-round flowing water. Several ridgetop build sites offer the potential for sweeping panoramic views looking west and north across the Blue Ridge foothills. The property also borders the Turkeycock WMA, granting direct access to over 2,600 acres of additional public land for hunting, hiking, and exploration. Scattered boulders and natural rock walls add visual appeal. Located less than 25 minutes from Rocky Mount and Smith Mountain Lake and under 1 hour from Roanoke, this tract offers seclusion and convenience. It is suited for those seeking tangible investment growth and recreational freedom.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Penhook
    County
    Franklin
    State
    Virginia
    Longitude
    -79.7209716
    Latitude
    36.8358557

    FAQs

    What type of property is this?
    Land - Unrestricted land with timber, recreation, and mountain views.
    Where is this land located?
    The property is located at Old Fire Tower Ln Penhook, VA.
    What is the asking price?
    The asking price for this property is $698,000.
    What are key features of this property?
    This property features: - 278+/- acres of unrestricted land bordering Turkeycock WMA (2,600+ acres) providing direct access to additional public land for recreation and hunting.; - Established 12+ year-old pine plantation offering future timber income potential and prime wildlife habitat.; - Over 1 mile of year-round flowing water from 2 bold mountain creeks (including Grassy Fork Creek).
    (704) 998-1013
    Request Owner's contact information
    Old Fire Tower Ln Penhook, VA 24137
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    Penhook, VA 24137
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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
    Old Fire Tower Ln Penhook, VA 24137
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