Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search

    0 Family Lane Cumberland, VA 23923

    View on Map
    Claim this Listing
    Picture of Land at 0 Family Lane, Cumberland, VA
    For Sale
    Contact for pricing

    Vacant Land - Cumberland, VA

    Lot size:
    11.30 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    13
    Last Refresh:
    May 6 at 8:06 pm

    Property Features for 0 Family Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Parking features
    Garage
    Standard status
    Active
    Lot size
    11.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    169

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Tim Dudley

    Listing agent Tim Dudley

    Listing office Dudley Resources 9601 GAYTON RD, HENRICO, VA

    Listing date Apr 24, 2026

    MLS# 11729772 Listing URL

    Copyright © 2026 My State 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

    • Approximately 11.3‑acre rural parcel with clean title documentation.
    • Exceptionally low annual real estate taxes of $169.50.
    • Versatile land suitable for hunting, timber management, recreation, or investment.
    • Part of a four‑parcel online auction, offering a rare opportunity to acquire a sizeable tract.
    • Located in the Hamilton Magisterial District of Cumberland County, Virginia.
    • Seller will consider pre‑auction offers.

    Overview

    Cumberland, VA Vacant Land Parcel

    Located off Family Lane in the Hamilton Magisterial District of Cumberland County, Virginia, this approximately 11.3-acre rural parcel carries parcel identification number 006-A-43-B. The parcel is unimproved, with no building or structure value on record. It is currently assessed at $28,250 with an annual real estate tax burden of $169.50. It can be used for hunting, timber management, recreational purposes, or held as a long-term land investment. This property is being offered as part of a four-parcel online auction sale. The property is being conveyed as is, where is. Virtual auction ends May 28, 2026 at 2 PM. Seller will consider any and all pre-auction offers.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Cumberland
    County
    Cumberland
    State
    Virginia
    Longitude
    -78.6579
    Latitude
    37.0879

    Nearby Similar for Sale

    • $368,000
      3,484 SF

      Cumberland Office Building For Sale

      Commercial property with office space near Cumberland Courthouse.
      15 Foster Road, Cumberland, VA 23040
      View Details
    • $465,000

      Cumberland Homestead Backing State Forest

      Private 11+ acre homestead ideal for multi-generational living.
      213 Mt Airy Lane, Cumberland, VA 23040
      View Details
    • $92,620

      Cumberland County 8-Acre Land Parcel

      8-acre land parcel with creek, utilities, and homesite.
      Willis Bluff LN, Cumberland, VA 23040
      View Details
    • $675,000

      Patriots Ridge Development Land

      20.6 acres of B1 zoned land for sale.
      00 Anderson Highway, Cumberland, VA 23040
      View Details
    • $319,000

      99 Acres in Cumberland County

      99-acre property in Cumberland County, VA with conservation easement.
      2593 Cumberland Road, Cumberland, VA 23901
      View Details
    • $368,000

      Commercial Property Near Cumberland Courthouse

      Commercial property with office space and wheelchair access for sale.
      15 FOSTER Rd, Cumberland, VA 23040
      View Details
    • $350,000

      Cumberland, VA Vacant Land

      Industrial or commercial land with highway frontage in Cumberland, VA.
      15 Wilson Russell Rd, Cumberland, VA 23040
      View Details
    • $877,800

      Cumberland Land Parcel For Sale

      200+ acre land parcel in Cumberland, Virginia.
      0000 CHURCHWOOD LN, Cumberland, VA 23040
      View Details
    • $2,500

      8 Acres Vacant Land Parcel

      8-acre rural parcel with dual road frontage in Cumberland, Virginia.
      3 Crump Road, Cumberland, VA 23027
      View Details
    • $59,950

      Cumberland, VA Land For Sale

      6.18 acres of park-like land with creek and privacy.
      Sims Road, Cumberland, VA 23040
      View Details
    • $2,500

      Vacant Land - Cumberland, VA

      0 Mt. Elba Rd, Cumberland, VA 23040
      View Details

    FAQs

    What type of property is this?
    Land - 11.3-acre rural parcel in Cumberland County, Virginia.
    Where is this land located?
    The property is located at 0 Family Lane Cumberland, 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: Approximately 11.3‑acre rural parcel with clean title documentation.; Exceptionally low annual real estate taxes of $169.50.; Versatile land suitable for hunting, timber management, recreation, or investment.
    (757) 651-1729
    We can help!
    Listing Contact
    Tim Dudley
    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
    0 Family Lane, Cumberland, VA 23923
    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!