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

    118 Dogwood Dr Cross Junction, VA 22625

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $139,900

    Rare quarter-acre lakefront lot with dock and community amenities.

    Added:
    Jun 9, 2025
    Days on Market:
    333
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 118 Dogwood Dr

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    LISA M COX

    Listing agent LISA M COX License #0225194183

    Listing office COLONY REALTY

    Listing date Jun 9, 2025

    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

    • Buildable 1/4‑acre lakefront lot with 74 feet of water frontage on Lake Holiday.
    • Located in the gated Lake Holiday Estates community with access to extensive amenities including a 240‑acre lake, beaches, clubhouse, and more.
    • Includes a private dock and lounging deck for immediate enjoyment of the lake.
    • Water and sewer are available, simplifying the building process.
    • Prime location directly across from the marina in a no‑wake zone.
    • Access to various community amenities such as sports courts, dog park, walking trails, and a fishing pier.

    Overview

    Buildable Lakefront Lot Opportunity

    This quarter-acre wooded lot offers 74 feet of water frontage on Lake Holiday. Situated directly across from the marina in a no-wake zone, the property includes a lounging deck and a private dock. Water and sewer services are available, facilitating a future building process. Located within the gated community of Lake Holiday Estates, residents have access to a 240-acre lake suitable for fishing, boating, and swimming, along with two sandy beaches. Community amenities also include a clubhouse, exercise room, sports courts, a dog park, walking trails, and a fishing pier.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Suggested Use

    Spa & Massage Center Kitchen & Bath Showroom Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Cross Junction
    County
    Frederick
    State
    Virginia
    Longitude
    -78.3289
    Latitude
    39.3133

    Nearby Similar for Sale

    • $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
    • $45,000

      Lake Holiday Land Parcel

      Land parcel with lake access and community amenities.
      SLEIGH DRIVE lot: #184, CROSS JUNCTION, VA 22625
      View Details
    • $47,500

      Land in Gated Lake Community

      Building lot in private, gated lake community near Winchester.
      130 DOGWOOD Drive, CROSS JUNCTION, VA 22625
      View Details
    • $49,900

      Waterfront Lot in Gated Community

      Buildable waterfront lot in Lake Holiday Estates.
      1231 LAKEVIEW Drive, CROSS JUNCTION, VA 22625
      View Details
    • $99,900

      Waterfront Lot in Gated Community

      Buildable waterfront lot with community amenities near Winchester and DC.
      1235 LAKEVIEW Drive, CROSS JUNCTION, VA 22625
      View Details
    • $129,000

      Wooded Lots Near Winchester

      Two scenic wooded lots totaling 10 acres near Winchester.
      REYNOLDS RD lot: 8A & 8B, 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
    • $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
    • $49,900

      Level Wooded Lot Near Lake

      Affordable building lot in gated lake community.
      103 GREEN LEAF Drive, 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
    • $155,000

      Wooded Lot in Cross Junction

      5.52 acre wooded lot with privacy and convenience.
      LOOP COURT lot: 18 -, 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

    FAQs

    What type of property is this?
    Waterfront Land - Rare quarter-acre lakefront lot with dock and community amenities.
    Where is this waterfront land located?
    The property is located at 118 Dogwood Dr Cross Junction, VA.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: Buildable 1/4‑acre lakefront lot with **74 feet of water frontage on Lake Holiday.**; Located in the gated Lake Holiday Estates community with access to extensive amenities including a 240‑acre lake, beaches, clubhouse, and more.; **Includes a private dock and lounging deck** for immediate enjoyment of the lake.
    (540) 560-5711
    We can help!
    Listing Contact
    LISA M COX
    Real Estate License ID: 0225194183
    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
    118 Dogwood Dr, 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!