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

    Roses Mill Rd Amherst, VA 24521

    View on Map
    Claim this Listing
    Pending
    $49,900

    LAND - Amherst, VA

    Lot size:
    4.54 Acres
    Added:
    Sep 18, 2025
    Days on Market:
    219
    Last Refresh:
    Apr 24 at 7:06 pm

    Property Features for Roses Mill Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    53A6
    Lot size
    4.54 Acres

    Taxes and HOA fees

    Tax Description
    NEAR PLEASANT GROVE CHURCH OFF RT 612 53A6

    We can help!

    Listing Contact
    Christina Holmes
    Christina Holmes

    Listing agent Christina Holmes License #0225218615

    Listing office Keller Williams 1179A Vista Park Dr, Forest, VA

    Listing date Sep 18, 2025

    MLS# 361991 Listing URL

    Copyright © 2026 Lynchburg Virginia 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

    Amherst, VA Buildable Land

    Located in Amherst County, this 4.54-acre parcel on Roses Mill Road offers an opportunity to build a home, create a weekend retreat, or invest in land. The property features a gently rolling topography and natural landscape, with multiple potential home sites suitable for a custom residence, cabin, or getaway. The location provides access to Route 151, the Nelson County corridor, the Tye River, Crabtree Falls, and the Blue Ridge Parkway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Amherst
    County
    Amherst
    State
    Virginia
    Longitude
    -79.006
    Latitude
    37.662096

    Nearby Similar for Sale

    • $319,500

      Amherst County Recreational and Timber Land

      63.9-acre parcel for recreation, homesite, or timber investment.
      63 Sugar Hill Tunnel Road, Amherst, VA 24521
      View Details
    • $349,000

      84-Acre Recreational Paradise in Amherst

      84 acres of recreational land with river frontage.
      0001 Bryant Hollow Road, Amherst, VA 24521
      View Details
    • $100,000

      Serene 20 Acres in Amherst

      Beautiful 20-acre tract in Amherst County, perfect for recreation.
      Larkin Mountain, Amherst, VA 24521
      View Details
    • $124,900

      Amherst Land with Mountain Views

      24.3 acres in Amherst, perfect for building your dream home.
      Puppy Creek, Amherst, VA 24521
      View Details
    • $49,900

      Amherst Land Ready To Build

      1.61 acres in the heart of Amherst, Virginia.
      Ridge Drive, Amherst, VA 24521
      View Details
    • $319,900

      Secluded Wooded Land Near National Forest

      43-acre wooded property with privacy and access to recreation.
      0 North Fork Road, Amherst, VA 24521
      View Details
    • $135,000

      Amherst Acreage with River Frontage

      10.34 acres in Amherst County with Buffalo River frontage.
      Rocky Creek Ln Lot 12, Amherst, VA 24553
      View Details
    • $1,399,900

      Amherst County Land with River Frontage

      173 acres in Amherst County with Buffalo River frontage.
      0 North Forks Road, Amherst, VA 24521
      View Details
    • $829,900

      92+ Acres on Buffalo River

      92+ acres with Buffalo River frontage adjoining National Forest.
      0 North Fork Rd 93.32 Acres, Amherst, VA 24521
      View Details
    • $269,900

      Amherst Land with Mountain Views

      60.57 acres with mountain views near Appalachian Trail.
      0 Mount Horeb Road, Amherst, VA 24521
      View Details
    • $89,900

      Amherst Home Site Opportunity

      5.82 acre home site in the Town of Amherst.
      9-F Dulwich Drive, Amherst, VA 24521
      View Details
    • $529,900
      3,165 SF

      Historic Farmhouse in Amherst, Virginia

      225-year-old historic farmhouse with modern upgrades on a 1-acre lot.
      260 N Main Street, Amherst, VA 24521
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 4.54 acre lot perfect for building your dream home.
    Where is this residential land & home lot located?
    The property is located at Roses Mill Rd Amherst, VA.
    What is the asking price?
    The asking price for this property is $49,900.
    What are key features of this property?
    This property features: Buildable 5‑acre parcel in desirable Amherst County.; Multiple potential home sites with gently rolling topography and attractive natural landscape.; Ideal location for custom residence, cabin, or getaway with gardens and outbuildings.
    (434) 401-6785
    We can help!
    Listing Contact
    Christina Holmes
    Christina Holmes
    Real Estate License ID: 0225218615
    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!