Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Farmland with Blue Ridge Views Title is generated by Realmo AI

    230 Barnes Lane, North Tazewell, VA 24630

    View on Map
    Claim this Listing
    For Sale
    $252,000

    LAND - North Tazewell, VA

    Lot size:
    122.36 Acres
    Added:
    Jan 22, 2026
    Days on Market:
    114
    Last Refresh:
    May 16 at 12:06 pm

    Property Features for 230 Barnes Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-1
    Standard status
    Active
    APN
    95-A-0001
    Lot size
    122.36 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1419

    We can help!

    Listing Contact
    Matthew A Gallimore

    Listing agent Matthew A Gallimore License #350819

    Listing office United Country Blue Ridge Land & Auction 629 W Main St, VA

    Listing date Jan 22, 2026

    MLS# 9990456 Listing URL

    Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • +/-122.36 AC of open farmland suitable for agriculture or private farm ownership.
    • Multiple barns, a brick‑and‑stone silo, sheds, and outbuildings for equipment & livestock.
    • Fully fenced with land currently used for cattle grazing; former dairy operation.
    • Enjoy long‑range views of the Blue Ridge Mountains.
    • Approximately 11 AC within the Town of Tazewell limits.
    • Good building sites with moderate topography and open fields.

    Overview

    This property features approximately 122.36 acres of open farmland located in Tazewell County, VA. The land, currently used for cattle grazing, includes three barns and a brick-and-stone silo, along with multiple sheds and outbuildings suitable for equipment and livestock. The property is fully fenced and has moderate topography with open fields and pasture. It offers good building sites and long-range views of the Blue Ridge Mountains. The land is suitable for continued agricultural use or private farm ownership. Approximately 11 acres on the western portion of the property are within the Town of Tazewell limits. Access to the property is provided via a 50-foot right-of-way from Route # 61 (East Riverside Drive) and is subject to a Road Maintenance Agreement. A concrete water trough is supplied by a spring located on adjoining property; however, no water or spring rights will convey. The zoning is A-1.
    Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    North Tazewell
    County
    Tazewell
    State
    Virginia
    Longitude
    -81.517978
    Latitude
    37.138333

    Nearby Similar for Sale

    • $29,500

      North Tazewell Land For Sale

      5.592 acres in Goose Creek Estates, North Tazewell, VA
      Goose Creek Road lot: 30B, North Tazewell, VA 24630
      View Details
    • $472,000

      Tazewell County Acreage with Views

      147+/- acre tract with mountain views and income potential.
      1665 Tiptop Rd lot: 0, North Tazewell, VA 24630
      View Details
    • $39,900

      2.28-Acre Building Lot

      Prime location to build your dream home with public water.
      Ridgecrest Drive lot: 14, North Tazewell, VA 24630
      View Details
    • $29,000

      Level Building Lot in Springville

      One-acre residential lot in a convenient North Tazewell location.
      Foxborough lot: 8, North Tazewell, VA 24630
      View Details
    • $19,000

      Land in North Tazewell, VA

      6.5 acres of land for sale in North Tazewell.
      Dry Fork Road lot: 0, North Tazewell, VA 24630
      View Details
    • $49,000

      28 Acres of Land

      28 acres of land for sale in North Tazewell.
      Dryfork Road lot: 0, North Tazewell, VA 24630
      View Details
    • $27,500

      Land in North Tazewell, VA

      Three building lots in a central location.
      Lagrange St, NORTH TAZEWELL, VA 24630
      View Details
    • $388,000

      Farmland with Blue Ridge Views

      122.36 AC farmland with barns and mountain views.
      230 Barnes Lane, North Tazewell, VA 24630
      View Details
    • $139,000

      70 Acres of Land, Tazewell

      70 acres of agricultural land for sale in North Tazewell.
      Cliff Road lot: 0, North Tazewell, VA 24630
      View Details
    • $129,000

      81.4 Acres in North Tazewell

      81.4 acres of land for sale in North Tazewell, VA.
      Lickbranch Road lot: 1, North Tazewell, VA 24630
      View Details
    • $17,000

      Wooded Lot in Beverly Hills

      0.48-acre wooded lot in a tranquil, developed neighborhood.
      TBA Beverly Hills Dr., NORTH TAZEWELL, VA 24630
      View Details

    FAQs

    What type of property is this?
    Farm - 122.36 AC of farmland suitable for agricultural use.
    Where is this farm located?
    The property is located at 230 Barnes Lane North Tazewell, VA.
    What is the asking price?
    The asking price for this property is $252,000.
    What are key features of this property?
    This property features: +/-122.36 AC of open farmland suitable for agriculture or private farm ownership.; Multiple barns, a brick‑and‑stone silo, sheds, and outbuildings for equipment & livestock.; Fully fenced with land currently used for cattle grazing; former dairy operation.
    (540) 239-2585
    We can help!
    Listing Contact
    Matthew A Gallimore
    Real Estate License ID: 350819
    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
    230 Barnes Lane, North Tazewell, VA 24630
    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!