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

    ROSEWOOD DR Scottsville, VA 24590

    View on Map
    Claim this Listing
    Pending
    $54,900

    Building Lots - SCOTTSVILLE, VA

    Lot size:
    0.73 Acres
    Added:
    Feb 27, 2026
    Days on Market:
    49
    Last Refresh:
    Apr 17 at 12:06 am

    Property Features for ROSEWOOD DR

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1 Residential
    Standard status
    Pending
    APN
    39-13-42
    Lot size
    0.73 Acres

    Taxes and HOA fees

    Tax Annual Amount
    350

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    SASO MORABITO

    Listing agent SASO MORABITO License #0225234791

    Listing office COWAN REALTY 151 WEST MAIN STREET, Orange, VA

    Listing date Feb 27, 2026

    MLS# 673731 Listing URL

    Copyright © 2026 Charlottesville Area 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

    Residential Building Lot in Scottsville

    Located on Rosewood Dr in the West River Meadows neighborhood, this residential building lot offers a flat, easily buildable surface with views of the neighborhood pond. Preliminary soil work has been completed and approved for a 4 bedroom home. The lot is approximately 0.73 acres. Community amenities include fiber internet. The location provides convenient commutes to Scottsville (10 minutes), Zion Crossroads (25 minutes), and Charlottesville (30 minutes). This is one of the last vacant lots available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Scottsville
    County
    Albemarle
    State
    Virginia
    Longitude
    -78.370388
    Latitude
    37.794635

    Nearby Similar for Sale

    • $1,000,000

      102 Acres in Scottsville, VA

      Land with development potential near Charlottesville.
      Briery Creek Road, Scottsville, VA 24590
      View Details
    • $650,000

      Sprawling Timberland Tract in Scottsville

      127+ acres of timberland with development potential near Charlottesville.
      Briery Creek Road, Scottsville, VA 24590
      View Details
    • $155,000

      Land Parcel Near Briery Creek

      6.75 acre parcel bordering pond, suitable for horses.
      0 GOLDFINCH CT, SCOTTSVILLE, VA 24590
      View Details
    • $1,700,000

      Scottsville Land: Development Opportunity Awaits

      295+ acre property near Charlottesville with development and investment potential.
      Briery Creek Road, Scottsville, VA 24590
      View Details
    • $325,000

      Acreage Opportunity in SCOTTSVILLE, VA

      Two lots of loblolly pines with homesite potential.
      000 ALDRIDGE LN, SCOTTSVILLE, VA 24590
      View Details
    • $54,900

      Residential Building Lot in Scottsville

      Building lot in West River Meadows neighborhood with pond views.
      0 ROSEWOOD DR, SCOTTSVILLE, VA 24590
      View Details
    • $195,000

      65 Acres of Rolling Land

      65 acres of land with creek frontage near Charlottesville.
      Antioch Road, Scottsville, VA 24590
      View Details
    • $6,000,000

      Large Acreage Land Parcel

      1202 acres of crop and pasture land in Scottsville.
      Glenmore Road, Scottsville, VA 24590
      View Details
    • $210,000
      1,727 SF

      Retail Investment Property in Scottsville

      Commercial investment property in the Historic Town of Scottsville, Virginia.
      383 Valley St, Scottsville, VA
      View Details
    • $299,000

      25 Acres Near Charlottesville Wineries

      25 acres near Charlottesville with well, septic, and electricity.
      2812 SECRETARYS RD, SCOTTSVILLE, VA 24590
      View Details
    • $325,000

      Acreage with Loblolly Pines

      Two lots with loblolly pines, potential homesites, investment opportunity.
      000 ALDRIDGE LN, Scottsville, VA 24590
      View Details
    • $425,000

      54.9 Acres of Open Land

      Land near Scottsville, VA, ideal for residence or recreation.
      UNKNOWN, SCOTTSVILLE, VA 24590
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Flat, buildable lot with pond views in West River Meadows.
    Where is this residential land & home lot located?
    The property is located at ROSEWOOD DR Scottsville, VA.
    What is the asking price?
    The asking price for this property is $54,900.
    What are key features of this property?
    This property features: Flat, easy‑to‑build lot.; Approved for a 4‑bedroom home with preliminary soil work completed.; Enjoy pond views.
    (540) 414-5142
    We can help!
    Listing Contact
    SASO MORABITO
    Real Estate License ID: 0225234791
    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!