Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    100 Acre Wooded Land Tract Title is generated by Realmo AI

    60 W James Anderson Hwy, Gladstone, VA 24553

    View on Map
    Claim this Listing
    Pending
    $389,900

    LAND - Gladstone, VA

    Lot size:
    100.00 Acres
    Added:
    Apr 2, 2026
    Days on Market:
    50
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for 60 W James Anderson Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    Lot size
    100.00 Acres

    We can help!

    Listing Contact
    Jason Meeks

    Listing agent Jason Meeks

    Listing office Meeks Realty 1979 South James Madison, Farmville, VA

    Listing date Apr 2, 2026

    MLS# 59456 Listing URL

    Copyright © 2026 South Central 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

    • 100‑acre wooded tract with predominantly hardwoods
    • Gently rolling, easily walkable land with creeks and abundant wildlife
    • Ideal for building a dream home and/or recreational use
    • Short drive to the James River and James River State Park
    • Proximity to historical sites like Appomattox Court House, Monticello, and Richmond
    • Approximately one hour drive to Lynchburg or Charlottesville

    Overview

    This 100-acre tract of land, located in Gladstone, Virginia, is predominantly wooded with hardwoods and features a gently rolling terrain with creeks. The property is easily walkable and supports abundant wildlife. It is suitable for building a home or for recreational use. The location offers convenient access to the James River and James River State Park, as well as historical sites such as Appomattox Court House, Monticello, and Richmond. The property is approximately one hour from Lynchburg or Charlottesville, and one and a half hours from Richmond, Virginia.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Recreation land

    Map

    City
    Gladstone
    County
    Nelson
    State
    Virginia
    Longitude
    -78.769306
    Latitude
    37.513415

    Nearby Similar for Sale

    • $623,900

      186 Acres in Bent Creek

      186.4 acres in Gladstone, VA with timber investment potential.
      REDBIRD DR, GLADSTONE, VA 24553
      View Details
    • $425,000

      102.5 Acres of Timberland

      Versatile land parcel with timber, recreation, and development potential.
      W James Anderson Highway, Gladstone, VA 24553
      View Details
    • $759,000

      206 Acres in Nelson County

      Recreational land with mountain views, streams, and hunting opportunities.
      5150 Norwood Rd, Gladstone, VA 24553
      View Details
    • $28,000

      2.5 Acre Buildable Wooded Lot

      Vacant 2.5 acre wooded lot in Buckingham County, VA.
      949 AUSTINS RD, GLADSTONE, VA 24553
      View Details
    • $79,000

      Corner Tract in Nelson County

      10.9 acre corner tract with impressive road frontage.
      94 Riverbend Lane, Gladstone, VA 24533
      View Details
    • $14,000

      Residential Land in Gladstone, VA

      1.61 acre lot suitable for a 3-bedroom home.
      Oakville Road, Gladstone, VA 24553
      View Details
    • $425,000

      Nelson County Land Opportunity

      105 acres in Nelson County with development potential.
      1300 Greenfield Drive, Gladstone, VA 24553
      View Details
    • $389,900

      100 Acre Wooded Land Tract

      100 acre wooded tract ideal for recreation or building.
      100 Ac W JAMES ANDERSON Hwy, Gladstone, VA 24553
      View Details
    • $389,900

      Land Parcel on Route 60

      100-acre surveyed land parcel on Route 60.
      4809 W James Anderson Highway, Gladstone, VA 24553
      View Details
    • $759,000
      9,002,502 SF

      206 Acres in Nelson County

      206 acres with mountain views, streams, and hunting.
      0 5150 Norwood Road, Gladstone, VA 24553
      View Details
    • $39,500

      5-Acre Wooded Building Lot

      5.2-acre partially wooded lot with road frontage and stream.
      6872 W JAMES ANDERSON HWY, GLADSTONE, VA 24553
      View Details

    FAQs

    What type of property is this?
    Land - 100 acre wooded tract ideal for recreation or building.
    Where is this land located?
    The property is located at 60 W James Anderson Hwy Gladstone, VA.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: 100‑acre wooded tract with predominantly hardwoods; Gently rolling, easily walkable land with creeks and abundant wildlife; Ideal for building a dream home and/or recreational use
    (434) 315-4705
    We can help!
    Listing Contact
    Jason Meeks
    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
    60 W James Anderson Hwy, Gladstone, VA 24553
    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!