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    17 Lake Dr, Unit NEW MARKET New Market, VA 22844

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    For Sale
    Contact for pricing

    Spacious land parcel with septic permit for residential development.

    Lot size:
    1.41 Acres

    Property Features for 17 Lake Dr

    General Information

    Standard status
    Active
    Lot size
    1.41 Acres
    Source: Corcoran

    Listing Agent: John Yu

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

    Overview

    Land Parcel for Residential Development

    This spacious land parcel in Shenandoah County presents an opportunity for residential development, suitable for building a dream home or a mountain cabin. A 3-bedroom septic permit is already in place. The property is surrounded by mature hardwoods, offering privacy and natural beauty. It is partially cleared, accommodating recreational vehicles for weekend getaways. This property provides freedom and space for investment or building purposes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    New Market
    County
    Shenandoah
    State
    Virginia
    Longitude
    -78.574403
    Latitude
    38.730654

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    FAQs

    What type of property is this?
    Land - Spacious land parcel with septic permit for residential development.
    Where is this land located?
    The property is located at 17 Lake Dr, Unit NEW MARKET New Market, VA.
    What is the asking price?
    The asking price for this property is $19,900.
    What are key features of this property?
    This property features: - 3-Bedroom Septic Permit Already in Place; - Spacious Parcel of Land for Building; - Ideal Blend of Privacy and Natural Beauty
    (703) 992-0254
    Request Owner's contact information
    17 Lake Dr, Unit NEW MARKET New Market, VA 22844
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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
    17 Lake Dr, Unit NEW MARKET New Market, VA 22844
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