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    Dam Town Rd Fort Defiance, VA 24437

    For Sale
    $325,000

    16.5 Acres, Riverfront Views, Seller Financing

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 16.5-acre commercial land parcel in Augusta County, Virginia, presents a unique investment opportunity. Located on Dam Town Road in Fort Defiance (zip code 24437), the property boasts a captivating blend of features. A significant portion offers a wooded bluff overlooking and bordering the Middle River, providing stunning natural views. Additionally, a substantial flat area along Dam Town Road also borders the Middle River, offering versatile development potential. The seller is offering attractive financing terms: 20% down payment with a 7% interest rate, amortized over 20 years, including a balloon payment due in 3 years. This financing option is subject to seller approval. The total acreage of the larger parcel is 35.74 acres

    Property Features for 0 Dam Town Rd

    General Information

    Property type
    Land
    Lot Size
    718,740 SF

    HighLights

    • 16.5‑acre land parcel located at 0 Dam Town Rd, Fort Defiance, VA 24437.
    • Listed for $325,000 by Old Dominion Realty Inc.
    • Currently available for purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Fort Defiance
    County
    Augusta
    State
    Virginia
    Longitude
    -78.9397834
    Latitude
    38.2186602

    Nearby Comparable

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      Land with River Frontage

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    Nearby Similar for Sale

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      Fort Defiance Specialty Property

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    FAQs

    What type of property is this?
    Land - 16.5 Acres, Riverfront Views, Seller Financing
    Where is this land located?
    The property is located at Dam Town Rd Fort Defiance, VA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: 16.5-acre land parcel located at 0 Dam Town Rd, Fort Defiance, VA 24437.; Listed for $325,000 by Old Dominion Realty Inc.; Currently available for purchase.
    (540) 820-7550
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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
    Dam Town Rd Fort Defiance, VA 24437
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