Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Riverfront Lot in Luray, VA Title is generated by Realmo AI

    RIVERBEND DR lot 19, Luray, VA 22835

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - LURAY, VA

    Lot size:
    0.75 Acres
    Added:
    Mar 2, 2026
    Days on Market:
    79
    Last Refresh:
    May 20 at 5:06 pm

    Property Features for RIVERBEND DR lot 19

    General Information

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

    Taxes and HOA fees

    Tax Annual Amount
    58

    Utilities

    Water front features
    Navigable Water

    We can help!

    Listing Contact
    Aron L Weisgerber

    Listing agent Aron L Weisgerber License #0225218079

    Listing office Keller Williams Realty/Lee Beaver & Assoc. 8100 Ashton Avenue unit: 102, Manassas, VA

    Listing date Mar 2, 2026

    MLS# VAPA2006068 Listing URL

    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.

    HighLights

    • Private access to the Shenandoah River for boating, kayaking, canoeing, fishing, and swimming.
    • Enjoy privacy and natural beauty on a 0.75‑acre wooded lot.
    • Located in a peaceful riverfront community with subtle mountain views.
    • Close proximity to Luray's attractions, including Luray Caverns and Shenandoah National Park.
    • HOA park and open green space for outdoor enjoyment.
    • Flexible usage options: primary residence, weekend retreat, vacation rental, recreation, or investment.

    Overview

    Located on Riverbend Drive, this 0.75-acre wooded lot resides within a riverfront community, offering privacy, natural beauty, and mountain views. The property is suitable for building a primary residence, weekend retreat, or vacation rental, as well as for camping, recreation, or long-term investment. Residents have private access to the Shenandoah River, which is positioned above the dam in a powerboat-friendly section, suitable for boating, kayaking, canoeing, fishing, swimming, and relaxation. The community includes a spacious HOA park and open green space. The property is located near Luray's attractions, including Luray Caverns, Luray Caverns Golf Course, George Washington National Forest, Shenandoah National Park, local shops, and dining options. The property is located in Luray, Virginia, with postal code 22835, in Page County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Luray
    County
    Page
    State
    Virginia
    Longitude
    -78.504285
    Latitude
    38.682493

    Nearby Similar for Sale

    • $1,349,900
      6,730 SF

      Mountain View Cabins - Luray

      Two furnished cabins on 9.5 acres, ideal short-term rentals.
      2225 & 2319 VALLEY BURG RD, LURAY, VA 22835
      View Details
    • $70,000

      Buildable Lot in Luray, Virginia

      4-acre lot ready for your vision in a peaceful setting.
      Lot 21 MOCKINGBIRD LN, LURAY, VA 22835
      View Details
    • $29,500

      Wooded Parcel Near Shenandoah River

      0.75-acre wooded parcel with river access and mountain views.
      RIVERBEND DR lot: 21, LURAY, VA 22835
      View Details
    • $79,900

      Luray Land: Rural Retreat Opportunity

      Serene 0.92-acre lot near Shenandoah River and Luray Caverns.
      SUZANNE LANE, LURAY, VA 22835
      View Details
    • $600,000

      Shenandoah Valley Farm with Two Homes

      66.95 acres with two homes in Luray, Virginia.
      326 & 328 RUNNING PINE RD, LURAY, VA 22835
      View Details
    • $266,500
      1,109 SF

      Luray Duplex Investment Opportunity

      Duplex in downtown Luray near amenities with income potential.
      115 E PAGE Street, LURAY, VA 22835
      View Details
    • $179,000

      Luray Land with Mountain Views

      8.19 acres with potential for two homesites near town.
      HARPER VALLEY RD, LURAY, VA 22835
      View Details
    • $199,900

      Land Near Shenandoah National Park

      7.6 acres of land bordering Shenandoah National Park.
      2016 VAUGHN SUMMIT Road, LURAY, VA 22835
      View Details
    • $1,737,000

      Commercial Land Near Luray Caverns

      5.7 acres of commercial land near Skyline Drive.
      COTTAGE DR., LURAY, VA 22835
      View Details
    • $199,999

      Residential Land Near Downtown Luray

      10.37-acre residential-zoned property near downtown Luray, Virginia.
      0 DRY RUN RD, LURAY, VA 22835
      View Details
    • $17,000

      Residential Lot in Luray, VA

      Residential lot available in Luray, suitable for building.
      NATIONAL FOREST ACCESS Road, LURAY, VA 22835
      View Details
    • $239,900

      Commercial Building with Vacant Lot

      Commercial zoned building with vacant lot in good condition.
      4 FIRST Street, LURAY, VA 22835
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.75-acre wooded lot with river access and mountain views.
    Where is this residential land & home lot located?
    The property is located at RIVERBEND DR lot 19 Luray, VA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Private access to the Shenandoah River for boating, kayaking, canoeing, fishing, and swimming.; Enjoy privacy and natural beauty on a 0.75‑acre wooded lot.; Located in a peaceful riverfront community with subtle mountain views.
    (540) 560-1901
    We can help!
    Listing Contact
    Aron L Weisgerber
    Real Estate License ID: 0225218079
    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

    Thank You for Inquiry
    RIVERBEND DR lot: 19, LURAY, VA 22835
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!