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    Historic Waterfront Sheep Farm Estate Title is generated by Realmo AI

    4833 Carters Point Road, Buffalo Junction, VA 24529

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    For Sale
    $619,000

    SINGLE_FAMILY - Buffalo Junction, VA

    Type:Farm
    Lot size:
    11.96 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    45
    Last Refresh:
    May 17 at 11:06 am

    Property Features for 4833 Carters Point Road

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    AG
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Basement, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4, Family Room, Dining Room, Laundry Room
    Interior features
    1st Floor Laundry, Basement, Ceiling Fan, Dining Room, Electric Dryer Hook-up, Florida Room, High Ceilings, High Speed Internet, Smoke Detector, Storage Room, Washer Hookup
    Exterior features
    10-15 Acres, Barn/Stable, Fenced In Yard, Gravel Drive, Storage, Storage Building, Storage Room, Workshop
    Fencing
    Fenced
    Fireplace
    1
    Appliances
    De-Humidifier, Dishwasher, Electric Range, Microwave, Refrigerator
    Standard status
    Active
    APN
    10223 & 10224
    Lot size
    11.96 Acres

    Taxes and HOA fees

    Tax Description
    PAR C; PRN 10223 & M B WRIGHT; PRN 10224

    Utilities

    Sewer type
    Septic Tank
    Cooling system
    Heat Pump, Gas (Cooling)
    Water source
    Well
    Water front
    1

    Building Details

    Year built
    1850
    Floors in Building
    3
    Flooring type
    Wood
    Building materials
    Wood Siding
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage, Workshop

    We can help!

    Listing Contact
    Carol Guerrant

    Listing agent Carol Guerrant

    Listing office Century 21 Realty @ Home 238 N Main Street, Farmville, VA

    Listing date Apr 3, 2026

    MLS# 72951 Listing URL

    Copyright © 2026 Southern Piedmont Land & Lake Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Nearly 12 acres of waterfront property with 3 gated pastures, ideal for farming or livestock.
    • Own a piece of history with this 1850s Federal‑style home featuring original architectural details like doors, mantels, heart pine flooring, wainscoting, and staircase.
    • Multiple outbuildings include a 24x35 metal building, garage/workshop with 220 amp service, stable, run‑in shed, log cabin, smokehouse, and former country store.
    • Immediate access to a nearby boat ramp and 610 acres of wildlife management land.
    • Modern upgrades include newly installed solar panels and a self‑watering livestock system.
    • Active sheep farm with 2 wells in place.

    Overview

    River Side, a circa 1850s, 2 1/2 story Federal period home, features original doors, intricate mantels, heart pine flooring, classic wainscoting, and a detailed staircase. Modern efficiency is provided by newly installed solar panels. The fenced estate spans nearly 12 acres of waterfront property and is currently an active sheep farm with a self-watering livestock system and two wells. It includes three gated pastures. Structures on the property include a 24x35 two-bay metal building, a garage/workshop with 220 amp service, a stable, and a run-in shed. Additional structures include a two-story building once known as Buffalo Landing Country Store, a log cabin, and an original smokehouse. The property offers access to a nearby boat ramp and 610 acres of wildlife management land across the road. The property is located in Buffalo Junction, VA, with Clarksville and South Boston nearby, offering shopping, dining, medical facilities, and entertainment. The zoning is AG. The property is sold AS IS.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Buffalo Junction
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.6347167
    Latitude
    36.6650946

    FAQs

    What type of property is this?
    Farm - Historic 1850s home on nearly 12 waterfront acres.
    Where is this farm located?
    The property is located at 4833 Carters Point Road Buffalo Junction, VA.
    What is the asking price?
    The asking price for this property is $619,000.
    What are key features of this property?
    This property features: Nearly 12 acres of waterfront property with 3 gated pastures, ideal for farming or livestock.; Own a piece of history with this 1850s Federal‑style home featuring original architectural details like doors, mantels, heart pine flooring, wainscoting, and staircase.; Multiple outbuildings include a 24x35 metal building, garage/workshop with 220 amp service, stable, run‑in shed, log cabin, smokehouse, and former country store.
    (434) 917-0259
    We can help!
    Listing Contact
    Carol Guerrant
    Learn More
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    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.

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    4833 Carters Point Road, Buffalo Junction, VA 24529
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