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    T-4 Running Bear Ct, Unit lot T-4 & 5 Independence, VA 24348

    Pending
    For Sale
    $235,000

    LAND - Independence, VA

    Lot size:
    11.55 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for T-4 Running Bear Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    RR
    Lot size
    11.55 Acres

    Utilities

    Utilities
    Electricity Available

    Building Details

    Additional Structures
    None

    Collins & Associates Realty (276) 233-5494 [email protected]

    Listing agent Joan Collins (276) 233-5494

    Listing date Oct 12, 2025

    MLS# 102981 Listing URL

    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

    Independence, VA Land with Views

    Two building tracts offer southern exposure and 180-degree, long-range views of the Blue Ridge Mountains. The 11.552-acre property features a mixture of open and wooded land with large rock outcroppings. Convenient access is available from a paved community road. Located in a gated community, protective covenants are in place. The property includes access to almost 300 acres of common and natural areas, with hiking trails and scenic vistas. The location is minutes outside of Independence, VA, and close to the New River, trout streams, and recreational opportunities.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Clothing Store Department Store Discount Store Women's Store Shoe Store Men's Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Grayson
    State
    Virginia
    Longitude
    -81.1593381
    Latitude
    36.6556612

    Nearby Similar for Sale

    • $79,000
      1,500 SF

      Commercial Property Near Historic Courthouse

      Commercial property with office space, conference rooms, and kitchen area.
      116-122 N Independence Ave, Independence, VA 24348
      View Details

    FAQs

    What type of property is this?
    Land - Two tracts with mountain views near recreational opportunities.
    Where is this land located?
    The property is located at T-4 Running Bear Ct, Unit lot T-4 & 5 Independence, VA.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Fabulous, high elevation, 180-degree long-range views of the Blue Ridge Mountains with southern exposure.; - Two buildable tracts offer a mixture of open and wooded land, complemented by large rock outcroppings.; - Located in a gated community with protective covenants.
    (276) 233-5494
    Request Owner's contact information
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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
    T-4 Running Bear Ct, Unit lot T-4 & 5 Independence, VA 24348
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