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    Recreational Timber and Cropland Tracts Title is generated by Realmo AI

    Key Hole Road, Clinchport, VA 24224

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    LAND - Clinchport, VA

    Lot size:
    137.58 Acres
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 5:06 am

    Property Features for Key Hole Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    residential
    Standard status
    Active
    APN
    84-A-76, 77
    Lot size
    137.58 Acres

    Taxes and HOA fees

    Tax Annual Amount
    897

    Utilities

    Water front features
    River Front
    Water front
    1

    We can help!

    Listing Contact
    Sharon Shuler

    Listing agent Sharon Shuler License #0225198851

    Listing office Fannon Land & Auction 42115 E Morgan Ave, VA

    Listing date Jun 2, 2026

    MLS# 9996247 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

    • 7.83‑acre tract of fertile cropland (hay meadows) fronting the Clinch River
    • 129.75‑acre tract of mature harvestable timber (mixed hardwoods, poplar, and other species)
    • Both tracts offered separately and by the entirety
    • Clinch River frontage with weekend campsite potential
    • Hunting/fishing focus: deer, wild turkey, and other small game noted on the timber tract
    • Auction: Thursday, June 11, 2026 at 6:00 P.M. (5% buyer’s premium; 10% down sale day; balance due with deed at closing)

    Overview

    This offering includes two separate land tracts to be sold either individually or by the entirety, featuring a mix of agricultural cropland and mature timber. Tract 1 is a 7.83-acre tract described as fertile cropland, identified as hay meadows, and it fronts the Clinch River. Tract 2 is a 129.75-acre tract of mature, harvestable timber with mixed hardwoods, poplar, and other species.

    The property is located on Key Hole Road in Clinchport, in Scott County, Virginia, and Tract 1 specifically provides Clinch River frontage that the remarks describe as suitable for weekend campsites. The land is also presented for wildlife and outdoor recreation, with the timber tract noted for deer, wild turkey, and other small game.

    Zoned residential, the combined package may appeal to buyers looking for a blended recreational and resource-based property, with opportunities for weekend stays near the river and active hunting and timber management on the larger tract. The auction structure offers flexibility for buyers who want one use profile or the full combined acreage, with terms that include a 10% down payment on sale day and the balance paid with deed at closing, plus a 5% buyer’s premium added to the high bid.
    Location Intelligence

    Current Use by Public Records

    Hunting land

    Map

    City
    Clinchport
    County
    Scott
    State
    Virginia
    Longitude
    -82.293
    Latitude
    36.8434

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Two tracts offer fertile hay meadows with river frontage and mature timber suited for recreation and long-term use.
    Where is this agricultural land / farmland located?
    The property is located at Key Hole Road Clinchport, VA.
    What are key features of this property?
    This property features: 7.83‑acre tract of fertile cropland (hay meadows) fronting the Clinch River; 129.75‑acre tract of mature harvestable timber (mixed hardwoods, poplar, and other species); Both tracts offered separately and by the entirety
    (276) 275-5251
    We can help!
    Listing Contact
    Sharon Shuler
    Real Estate License ID: 0225198851
    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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