Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    STANARDSVILLE Land with Mountain Views Title is generated by Realmo AI

    TBD STONE BROOK DR, Stanardsville, VA 22973

    View on Map
    Claim this Listing
    For Sale
    $2,495,000

    Development - STANARDSVILLE, VA

    Type:Single Family Residence
    Lot size:
    116.40 Acres
    Added:
    Aug 16, 2023
    Days on Market:
    1023
    Last Refresh:
    Jun 3 at 3:06 am

    Property Features for TBD STONE BROOK DR

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    A-1 Agricultural
    Standard status
    Active
    APN
    26 A 27
    Lot size
    116.40 Acres

    Taxes and HOA fees

    Tax Annual Amount
    7312.3

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    AARON MANIS
    AARON MANIS

    Listing agent AARON MANIS License #225068967

    Listing office SLOAN MANIS REAL ESTATE 415 4TH ST NE, Charlottesville, VA

    Listing date Aug 16, 2023

    MLS# 644808 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.

    HighLights

    • Blue Ridge & Southwest Mountain views
    • Farm & pastoral views
    • Private, wooded views
    • Development potential
    • Convenient commuting via Routes 33 & 29
    • Close proximity to Charlottesville/Albemarle airport and NGIC

    Overview

    This 116.4-acre property, known as Stone Brook, offers views of the Blue Ridge and Southwest Mountains, as well as farm, pastoral, and wooded views. Located off Route 810 in Greene County, in the foothills of the Blue Ridge Mountains, the property is zoned A-1 Agricultural and has development potential. It is positioned near the Charlottesville/Albemarle airport, shopping areas, and Routes 33 and 29, offering convenient commuting to NGIC. The property is suitable for building a home, creating a retreat, development, and/or conservation easement.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Stanardsville
    County
    Greene
    State
    Virginia
    Longitude
    -78.4878
    Latitude
    38.3326

    Nearby Similar for Sale

    • $105,000

      Two Acre Building Lot

      Two acre lot ready for building near Skyline Drive.
      TBD Lot 56G TURKEY RIDGE RD, STANARDSVILLE, VA 22973
      View Details
    • $149,900

      Stanardsville Building Lots with Mountain Views

      4.2 acre building lot with mountain views near Shenandoah.
      00 HIDEAWAY RDG, STANARDSVILLE, VA 22973
      View Details
    • $260,000

      7 Acres of Pasture Land

      7 acres of pasture land with potential near Rt 33.
      729 CELT Road, STANARDSVILLE, VA 22973
      View Details
    • $139,000

      Land Ready for Container Home

      2-acre lot with utilities near Shenandoah National Park.
      Lot 2 KEASLEY LN, STANARDSVILLE, VA 22973
      View Details
    • $3,799,000

      70-Acre Development Opportunity

      70-acre site suitable for commercial, business, and residential development.
      11697 SPOTSWOOD TRL, STANARDSVILLE, VA 22973
      View Details
    • $3,799,000

      70-Acre Ruckersville Development Opportunity

      Prime commercial and industrial land near Charlottesville, Virginia.
      11697 SPOTSWOOD TRL, STANARDSVILLE, VA 22973
      View Details
    • $170,000

      Stanardsville Building Lot with Views

      Premier lot with 360-degree Blue Ridge views.
      TBD GEER LN, STANARDSVILLE, VA 22973
      View Details
    • $225,000

      31.91 Acres Near National Park

      Land with mountain views, privacy, and park access.
      2245 RED BIRD Dr, Stanardsville, VA 22973
      View Details
    • $115,000

      2 Acre Building Lot

      2 acre building lot suitable for residential construction.
      5 RUNAWAY LN, STANARDSVILLE, VA 22973
      View Details
    • $65,000

      Stanardsville Land with Mountain Views

      3-acre parcel with mountain views near Shenandoah National Park.
      1402 Top Ridge Road, Stanardsville, VA 22973
      View Details
    • $649,000

      Parker Mountain Land with Views

      19.38 acres with mountain views near Charlottesville, Virginia.
      118 LEXINGTON CT, Stanardsville, VA 22973
      View Details
    • $75,000

      Stanardsville Corner Lot with Views

      Corner lot with mountain views, close to Shenandoah National Park.
      Lot D1 HIDEAWAY TRL, STANARDSVILLE, VA 22973
      View Details

    FAQs

    What type of property is this?
    Land - 116.4 acre land with development potential and mountain views.
    Where is this land located?
    The property is located at TBD STONE BROOK DR Stanardsville, VA.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: Blue Ridge & Southwest Mountain views; Farm & pastoral views; Private, wooded views
    (434) 220-5656
    We can help!
    Listing Contact
    AARON MANIS
    AARON MANIS
    Real Estate License ID: 225068967
    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
    TBD STONE BROOK DR, STANARDSVILLE, VA 22973
    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!