Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Waterfront Recreational Lot in Lake Holiday Title is generated by Realmo AI

    102 Southwood, Cross Junction, VA 22625

    View on Map
    Claim this Listing
    For Sale
    $45,000

    Waterfront recreational lot with access to Lake Holiday amenities.

    Type:Land or Vacant Lot
    Added:
    May 21, 2026
    Days on Market:
    12
    Last Refresh:
    May 27 at 8:16 am

    Property Features for 102 Southwood

    General Information

    Standard status
    Active
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    PAUL J GALLAGHER JR.
    PAUL J GALLAGHER JR.

    Listing agent PAUL J GALLAGHER JR. License #0225211142

    Listing office COLONY REALTY

    Listing date May 21, 2026

    Source Corcoran

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

    All listing content including descriptions, pricing, images are the copyrighted material of COLONY REALTY

    HighLights

    • Waterfront recreational lot on Lake Holiday, offering direct access to the lake.
    • Enjoy swimming, boating, fishing, and water skiing on Lake Holiday's 240‑acre deep‑water lake.
    • Full access to Lake Holiday community amenities including clubhouse, beaches, walking trails, playgrounds, and sports courts.
    • Low monthly HOA fee of $52.
    • No capitalization fee for membership lots.
    • Scenic setting ideal for day use, family gatherings, and enjoying nature.

    Overview

    This waterfront recreational lot, identified as Lot 164 in Section 6A, is located in the gated Lake Holiday community. It provides access to the community's recreational features, including a 240-acre deep-water lake suitable for swimming, boating, fishing, and water skiing. The community also offers sandy beaches, a clubhouse with an exercise room, walking trails, playgrounds, picnic areas, and tennis, basketball, and volleyball courts. The lot is situated in a scenic waterfront setting, suitable for day use, family gatherings, and enjoying the natural surroundings. Please note that this lot is not buildable, as no water or sewer connections are available. The Home Owners Association (HOA) fee is $52 per month, and there is currently no capitalization fee for membership lots. The address is 102 Southwood Court, according to the 2003 Frederick County map. This lot offers an opportunity to own property in Lake Holiday and enjoy the community's amenities without the costs associated with a buildable lot.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Law Firm Big Box & Wholesale Store Auto Repair Shop (Bike/Boat/Book/etc) Store Butcher

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

    Location Insight

    • Map
    • Local Demand
    City
    Cross Junction
    County
    Frederick
    State
    Virginia
    Longitude
    -78.3051
    Latitude
    39.3835

    Nearby Similar for Sale

    • $45,000

      Lake Holiday Land Parcel

      Land parcel with lake access and community amenities.
      SLEIGH DRIVE lot: #184, CROSS JUNCTION, VA 22625
      View Details
    • $515,000

      Hunter's Dream Recreational Land

      33.89 acres of hunting and recreational land near Winchester.
      S SOUTH TIMBER RIDGE ROAD, CROSS JUNCTION, VA 22625
      View Details
    • $7,000

      Lake Holiday Membership Lot

      Membership lot with access to Lake Holiday amenities.
      FOREST DRIVE lot: 25, CROSS JUNCTION, VA 22625
      View Details
    • $49,900

      Level Wooded Lot Near Lake

      Affordable building lot in gated lake community.
      103 GREEN LEAF Drive, CROSS JUNCTION, VA 22625
      View Details
    • $450,000

      Waterfront Land on Lake Holiday

      Two waterfront lots with water and sewer access on Lake Holiday.
      LAKEVIEW, CROSS JUNCTION, VA 22625
      View Details
    • $50,000

      Waterfront Lot for Recreation

      Waterfront lot on Lake Holiday, ideal for recreation.
      SOUTHWOOD DR-LAKE FRONT, CROSS JUNCTION, VA 22625
      View Details
    • $165,000

      Waterfront Lot in Gated Community

      Buildable waterfront lot with lake access and community amenities.
      1065 LAKEVIEW Drive, CROSS JUNCTION, VA 22625
      View Details
    • $260,000

      Lakefront Land in Cross Junction

      Gently sloped lot on a wide cove near Beach 2.
      SLEIGH DRIVE - LOT #193, CROSS JUNCTION, VA 22625
      View Details
    • $119,000

      Wooded Land Near Winchester

      Two scenic wooded lots totaling 10 acres near Winchester.
      REYNOLDS RD lot: 8A & 8B, CROSS JUNCTION, VA 22625
      View Details
    • $229,000

      Serene 5-Acre Wooded Lot

      5.09-acre lot with waterfront access to Lake LuAnn.
      CRESTED MOUNTAIN Lane lot: 1, CROSS JUNCTION, VA 22625
      View Details
    • $6,000

      Lake Holiday Estates Membership Lot

      Membership lot in gated Lake Holiday Estates with many amenities.
      CHRISTIE Lane lot: 234, CROSS JUNCTION, VA 22625
      View Details
    • $6,800

      Lake Holiday Estates Membership Lot

      Membership lot in Lake Holiday Estates with lake access.
      LOT 224, PINECREST Court, CROSS JUNCTION, VA 22625
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Waterfront recreational lot with access to Lake Holiday amenities.
    Where is this waterfront land located?
    The property is located at 102 Southwood Cross Junction, VA.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Waterfront recreational lot on Lake Holiday, offering direct access to the lake.; Enjoy swimming, boating, fishing, and water skiing on Lake Holiday's 240‑acre deep‑water lake.; Full access to Lake Holiday community amenities including clubhouse, beaches, walking trails, playgrounds, and sports courts.
    (540) 662-0323
    We can help!
    Listing Contact
    PAUL J GALLAGHER JR.
    PAUL J GALLAGHER JR.
    Real Estate License ID: 0225211142
    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
    102 Southwood, CROSS JUNCTION, VA 22625
    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!