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    1011 Wilson Cemetery Rd NE Check, VA 24072

    For Sale
    $325,000

    Income property with three apartments, garage, and buildable lot.

    Lot size:
    3.79 Acres

    Property Features for 1011 Wilson Cemetery Rd NE

    General Information

    Interior features
    Interior Feature 1, : "Other - See Remarks"
    Lot size
    3.79 Acres

    Building Details

    Year built
    2004

    Source: U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD Agent U/C BLUE RIDGE LAND & AUCTION CO INC- FLOYD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing Property with Buildable Lot

    This income-producing property features three apartments, a garage, and an additional 3.39-acre buildable lot. The property is clean and vacant, making it suitable for tenants or short-term rentals. It is located approximately 3 miles from FloydFest, with convenient access to Floyd, Christiansburg/Blacksburg, and Roanoke. The property offers multiple usage options, including living in one unit and renting the others, or using all for Airbnb or multi-family living. Apartment #1 features 1 bedroom, 1 bathroom, a full kitchen, and a washer/dryer, with an approximate area of 720 sq ft. Apartment #2 is newly renovated and includes 1 bedroom, 1 bathroom with tile, a full kitchen, and a washer/dryer, with an approximate area of 480 sq ft. Apartment #3 is a newly renovated open studio with a full kitchen and bath, and washer/dryer hookups, with an approximate area of 480 sq ft. Additionally, there is a 12x20 garage with workshop benches, lighting, and a new window, as well as a pond, walking trails, a garden area, and a large gravel parking lot.
    Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Check
    County
    Floyd
    State
    Virginia
    Longitude
    -80.2314418
    Latitude
    37.0318877

    FAQs

    What type of property is this?
    Apartment building - Income property with three apartments, garage, and buildable lot.
    Where is this apartment building located?
    The property is located at 1011 Wilson Cemetery Rd NE Check, VA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Income-producing property with 3 apartments and a separate 3.39-acre buildable lot.; - Vacant and ready for tenants or short-term rentals (Airbnb potential).; - Includes a 12x20 garage with workshop.
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    Check, VA 24072
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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
    1011 Wilson Cemetery Rd NE Check, VA 24072
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