Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    Old B&O Rd Raphine, VA 24472

    For Sale
    $750,000

    14.475 acres, I-81 visibility, business zoning.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Exceptional investment opportunity in Raphine, Virginia! This 14.475-acre parcel boasts over 1900 feet of road frontage on Old B&O Road, offering unparalleled visibility from Interstate 81. A portion of the land is already zoned for business use, presenting significant development potential. While some grading will be necessary, the strategic location and accessibility make this a highly desirable site. The seller is open to leasing or build-to-suit options, providing flexibility for various business ventures. Note that the seller prefers not to subdivide the property and is firm on the asking price of $750,000. This prime agricultural land, situated in Rockbridge County, VA, zip code 24472, presents a rare chance to acquire a substantial tract with excellent highway exposure. The coordinates are 37.9450531 latitude and -79.2185352 longitude. Don't miss this chance to secure a valuable asset in a rapidly growing area.

    Property Features for 0 Old B&O Rd

    General Information

    Property type
    Farms
    Lot Size
    630,531 SF

    HighLights

    • $750,000 asking price for 14.475 acres of agricultural land.
    • Over 1900 feet of road frontage with I‑81 visibility.
    • Partially zoned for business use.
    • Some site grading required.
    • Owner will consider build‑to‑suit or lease options.
    • No subdividing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Raphine
    County
    Rockbridge
    State
    Virginia
    Longitude
    -79.2185352
    Latitude
    37.9450531

    Nearby Comparable

    • $189,000
      11.89 Acres

      Raphine, VA Building Lots

      Nearly 12 acres of land in Riverheads District.
      Tbd Cold Spg Rd, Raphine, VA 24472
      View Details
    • $235,000
      2.00 Acres

      Farmhouse on Two Acres

      1910 farmhouse on approximately two acres ready for renovation.
      5818 Lee Jackson Hwy, Greenville, VA 24440
      View Details
    • Contact for pricing

      Land with I-81 Visibility

      Commercial land with road frontage and I-81 visibility.
      71 School House Hl Rd, Raphine, VA
      View Details
    • $549,000
      47.00 Acres

      47 Acres in Raphine, VA

      Agricultural land with potential for building or subdivision near Lexington.
      47 N Lee Hwy, Raphine, VA 24472
      View Details

    FAQs

    What type of property is this?
    Farm - 14.475 acres, I-81 visibility, business zoning.
    Where is this farm located?
    The property is located at Old B&O Rd Raphine, VA.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: $750,000 asking price for 14.475 acres of agricultural land.; Over 1900 feet of road frontage with I-81 visibility.; Partially zoned for business use.
    Request Owner's contact information
    Old B&O Rd Raphine, VA 24472
    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.
    Old B&O Rd
    Raphine, VA 24472
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Old B&O Rd Raphine, VA 24472
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.