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    1068 Sheep Meadow Rd Hot Springs, VA 24445

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    For Sale
    $1,325,000

    Specialty property available for sale in Hot Springs, Virginia.

    Lot size:
    5.31 Acres

    Property Features for 1068 Sheep Meadow Rd

    General Information

    Lot size
    5.31 Acres

    Building Details

    Year built
    1930

    Source: Long & Foster Real Estate, Inc. Agent Kathleen L. Kellett-Ward

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

    Overview

    Specialty Property in Hot Springs

    A specialty property is available for sale on SHEEP MEADOW Rd in Hot Springs, Virginia. The list price is $1,325,000.
    Location Intelligence

    Current Use by Public Records

    Specialty properties

    Suggested Use

    Realty agency Restaurant Building Supply Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Pharmacy Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Bath
    State
    Virginia
    Longitude
    -79.8117841
    Latitude
    38.0030414

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    FAQs

    What type of property is this?
    Specialty property - Specialty property available for sale in Hot Springs, Virginia.
    Where is this specialty property located?
    The property is located at 1068 Sheep Meadow Rd Hot Springs, VA.
    What is the asking price?
    The asking price for this property is $1,325,000.
    What are key features of this property?
    This property features: - Year Built: 1930
    (540) 836-5897
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    1068 Sheep Meadow Rd Hot Springs, VA 24445
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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
    1068 Sheep Meadow Rd Hot Springs, VA 24445
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