Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Overlooking Olde Mill Golf Title is generated by Realmo AI

    Lone Oak Ct. lot 112, Laurel Fork, VA 24352

    View on Map
    Claim this Listing
    For Sale
    $75,000

    LAND - Laurel Fork, VA

    Lot size:
    0.75 Acres
    Added:
    Aug 30, 2025
    Days on Market:
    271
    Last Refresh:
    May 27 at 12:06 pm

    Property Features for Lone Oak Ct. lot 112

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residentia
    Standard status
    Active
    Lot size
    0.75 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    323

    Utilities

    Utilities
    Electricity Available
    Water front features
    Lake Front, Waterfront
    Water front
    1

    Building Details

    Additional Structures
    None

    We can help!

    Listing Contact
    Sandra Worrell

    Listing agent Sandra Worrell License #0225230814

    Listing office Primm Real Estate Firm, LLC 226 W Stuart Drive, Hillsville, VA

    Listing date Aug 30, 2025

    MLS# 103086 Listing URL

    Copyright © 2026 Southwest Virginia 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

    • Lake and golf course (13th green) views.
    • Access to Olde Mill Resort amenities: golf, pickleball, tennis, fishing, hiking, dining.
    • 0.75 +/- acre lot suitable for building a custom home.
    • Water and electricity available on the lot.
    • Located in the Blue Ridge Mountains.
    • Minutes from the Blue Ridge Parkway.

    Overview

    This 0.75 acre lot overlooks the lake and 13th green on the Olde Mill golf course. Water and electricity are available. It is located in Laurel Fork, VA, and is suitable for building a home. Olde Mill Resort offers golf, pickleball, tennis, fishing, hiking, and dining at Maples Restaurant and Tavern. The property is located minutes from the Blue Ridge Parkway.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Laurel Fork
    County
    Carroll
    State
    Virginia
    Longitude
    -80.5237196
    Latitude
    36.6915559

    Nearby Similar for Sale

    • $650,000

      Versatile 90-Acre Virginia Farm

      Functional farm with pastures, water, and stunning views.
      688 Gibson Knob Rd., Laurel Fork, VA 24352
      View Details
    • $75,000

      28.5 Acres in Laurel Fork

      28.5 acre tract ideal for dream home or recreation.
      619 Shady Ln. lot: 1, Laurel Fork, VA 24352
      View Details
    • $113,000

      Laurel Fork Land with Streams

      34.16 acres with streams, pond, and mountain views.
      Calvary Way lot: 103-4-7, Laurel Fork, VA 24352
      View Details
    • $499,000

      Virginia Farm with Mountain Views

      63-acre farm in the Blue Ridge Mountains.
      63 Acres Gibson Knob Rd. lot: 61, Laurel Fork, VA 24352
      View Details
    • $265,000

      Land with Mountain Views

      21+ acres in Laurel Fork, VA with mountain views.
      Fireside Drive lot: 0, Laurel Fork, VA 24352
      View Details
    • $180,000

      Land with Mountain Views

      Cleared land with approved septic and mountain views.
      Keno Rd lot: 102, Laurel Fork, VA 24352
      View Details
    • $139,900

      Laurel Fork Land For Sale

      21.7 +/- acres near Blue Ridge Parkway and Old Mill Golf Course.
      Excelsior School Rd lot: 0, Laurel Fork, VA 24352
      View Details
    • $750,000

      Hardwood Timber Land with Streams

      199+ acres of recreational land with mature timber and streams.
      CHISHOLM CREEK RD, LAUREL FORK, VA 24352
      View Details
    • $19,900

      Residential Land in Olde Mill

      0.6 acre lot in Olde Mill Golf Resort.
      Fairlake Ln lot: 100, Laurel Fork, VA 24352
      View Details
    • $185,000

      Unrestricted Land in Blue Ridge

      25-acre property in Virginia with mountain views and commercial potential.
      25 Acres Danville Pike lot: 63, Laurel Fork, VA 24352
      View Details
    • $173,226

      Land in Laurel Fork, VA

      28.87 acres of land in Carroll County, Virginia.
      Firestone Dr, Laurel Fork, VA 24352
      View Details
    • $185,000

      Mountain Land Near Blue Ridge

      31.9 acres of mountain land with spring and outbuilding.
      High Mountain Trail lot: 11, Laurel Fork, VA 24352
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.75 acre lot on Olde Mill golf course.
    Where is this residential land & home lot located?
    The property is located at Lone Oak Ct. lot 112 Laurel Fork, VA.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Lake and golf course (13th green) views.; Access to Olde Mill Resort amenities: **golf, pickleball, tennis, fishing, hiking, dining.**; 0.75 +/- acre lot suitable for building a custom home.
    (276) 233-2233
    We can help!
    Listing Contact
    Sandra Worrell
    Real Estate License ID: 0225230814
    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
    Lone Oak Ct. lot: 112, Laurel Fork, VA 24352
    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!