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    Goshen Rd Montpelier, VA 23192

    For Sale
    $1,000,000

    40-acre property near Montpelier, suitable for building or farming.

    Lot size:
    40.00 Acres

    Property Features for Goshen Rd

    General Information

    Lot size
    40.00 Acres

    Source: Berkshire Hathaway HomeServices PenFed Realty Agent Angela M Murray

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

    Overview

    Hanover County Land Opportunity

    This 40-acre property is located in Hanover County, near Montpelier. The land presents opportunities for building a home or for agricultural use as a homestead. The property includes seasoned and matured pines and a variety of hardwoods, which could be timbered as an investment. The property, identified as tract 1, is located off of Goshen Rd, approximately 1/4 of a mile from Old Willow Oak Ln.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Montpelier
    County
    Hanover
    State
    Virginia
    Longitude
    -77.645553
    Latitude
    37.82566

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    FAQs

    What type of property is this?
    Land - 40-acre property near Montpelier, suitable for building or farming.
    Where is this land located?
    The property is located at Goshen Rd Montpelier, VA.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 40 acre property in Hanover County.; - Suitable for building a home or farming.; - Timber investment potential with mature pines and hardwoods.
    (540) 295-9382
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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
    Goshen Rd Montpelier, VA 23192
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