Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Blue Ridge Mountain Retreat Land Title is generated by Realmo AI

    00 ELDERBERRY Ln, Buena Vista, VA 24416

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $34,950

    4.28 acres of land near Blue Ridge Parkway.

    Type:Land
    Lot size:
    4.28 Acres
    Added:
    Apr 26, 2026
    Days on Market:
    28
    Last Refresh:
    Apr 26 at 10:57 am

    Property Features for 00 ELDERBERRY Ln

    General Information

    Standard status
    Active
    Lot size
    4.28 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Derek J. Greene

    Listing agent Derek J. Greene License #10371200613

    Listing office Greene Realty Group

    Listing date Apr 26, 2026

    Source Elliman

    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 Greene Realty Group

    HighLights

    • 4.28 acres of land with Blue Ridge Mountain views.
    • Exceptional privacy on a quiet, dead‑end road.
    • No HOA and no deed restrictions, allowing for flexible building options.
    • Close proximity to the Blue Ridge Parkway and outdoor activities.
    • Conveniently located near Buena Vista and Lexington.
    • Power available at the street.

    Overview

    This 4.28-acre property, comprised of two parcels, is located in Rockbridge County, Virginia, near the Blue Ridge Parkway. Situated at the end of a quiet, dead-end road, the land offers privacy and mountain views. The property has no HOA or deed restrictions, allowing for various building options, including traditional stick-built homes, cabins, barndominiums, manufactured homes, or tiny homes. There is space for a backyard, garden, or keeping animals. Power is available for hookup at the street; a well and septic system will need to be installed. The location offers a balance of seclusion and convenience, with Buena Vista 10 minutes away and Lexington approximately 15 minutes away. Additional shopping, dining, and services are accessible in Staunton or Lynchburg, located 45 minutes to an hour away. Nearby outdoor activities include hiking, waterfalls, kayaking, canoeing, and access to the James River for fishing and boating.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Barber Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Buena Vista
    County
    Buena Vista
    State
    Virginia
    Longitude
    -79.328565
    Latitude
    37.778462

    Nearby Similar for Sale

    • $459,000
      12,055 SF

      Buena Vista Commercial Building Opportunity

      Commercial building in the heart of Buena Vista, endless possibilities.
      141 & 149 W 21st St, Buena Vista, VA 24416
      View Details
    • $389,000
      3,584 SF

      Versatile Commercial Property in Buena Vista

      Two-building commercial property with industrial space and office in Virginia.
      510 W 28th St, Buena Vista, VA 24416
      View Details
    • $459,000
      12,055 SF

      Commercial Building in Buena Vista

      Commercial building with off-street parking, endless renovation possibilities.
      141 & 149 W 21ST ST, BUENA VISTA, VA 24416
      View Details
    • $572,500

      28.32 Acres in Buena Vista

      28.32 wooded acres ideal for brewery or commercial business.
      4600 Green Forest Ave, Buena Vista, VA 24416
      View Details
    • $179,900

      Commercial Land in Growing Buena

      Highly visible commercial building site in growing Buena Vista.
      Tbd W Sycamore Ave, Buena Vista, VA 24416
      View Details
    • $275,000
      2,804 SF

      Buena Vista Multifamily Investment Opportunity

      Four units with strong rental history in desirable Buena Vista.
      2165 Oak Ave, Buena Vista, VA 24416
      View Details
    • $70,000

      Land with Building Solution

      4.26 acres ready for building with utilities in place.
      615 Stoney Run Road, Buena Vista, VA 24416
      View Details
    • $24,000

      Serenity Ridge Land with Mountain Views

      Two-acre property near Blue Ridge Parkway, suitable for off-grid living.
      2 Acres Coffey Hill Dr, Buena Vista, VA 24416
      View Details
    • Contact for pricing

      Former Sawmill Facility For Sale

      Large industrial site with office and warehouses, close to I-81.
      757 Linden Avenue, Buena Vista, VA 24416
      View Details
    • $99,800

      Residential Land with Mountain Views

      15.4-acre property with building sites and mountain views.
      15.4 Acres Stoney Run Rd, Buena Vista, VA 24416
      View Details
    • Contact for pricing
      81,400 SF

      Former Sawmill Facility For Lease

      Industrial site with warehouses, office, and fenced lot available for lease.
      750 Linden Ave, Buena Vista, VA
      View Details
    • $1,500,000

      Moomaws Hydroelectric Power Station For Sale

      Hydroelectric power station on the Maury River in Buena Vista.
      1 Bontex Dr, Buena Vista, VA
      View Details

    FAQs

    What type of property is this?
    Land - 4.28 acres of land near Blue Ridge Parkway.
    Where is this land located?
    The property is located at 00 ELDERBERRY Ln Buena Vista, VA.
    What is the asking price?
    The asking price for this property is $34,950.
    What are key features of this property?
    This property features: 4.28 acres of land with **Blue Ridge Mountain views**.; Exceptional privacy on a quiet, dead‑end road.; No HOA and no deed restrictions, allowing for **flexible building options**.
    (860) 560-1006
    We can help!
    Listing Contact
    Derek J. Greene
    Real Estate License ID: 10371200613
    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
    00 ELDERBERRY Ln, Buena Vista, VA 24416
    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!