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    Residential Lot in Cul-de-Sac Title is generated by Realmo AI

    OAKMONT DR lot 102, Gordonsville, VA 22942

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    Claim this Listing
    New
    For Sale
    $30,000

    LAND - GORDONSVILLE, VA

    Lot size:
    1.04 Acres
    Added:
    Jun 4, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 5 at 5:06 pm

    Property Features for OAKMONT DR lot 102

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    10C2 1 102
    Lot size
    1.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SHENANDOAH CROSSING COUNTRY CLUB PB 8/258 SEC 1 LOT 102 DB 1813/454 1.037 AC
    Tax Annual Amount
    198

    We can help!

    Listing Contact
    LEWIS TINGLER

    Listing agent LEWIS TINGLER License #0225215007

    Listing office WILLIAM A. COOKE, LLC 211 W MAIN ST P.O. BOX 462, Louisa, VA

    Listing date Jun 4, 2026

    MLS# 678053 Listing URL

    Copyright © 2026 Charlottesville Area 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

    • 1‑acre lot in Shenandoah Crossings, Louisa County, ready for a new home build
    • Cul‑de‑sac location on Oatmont Dr
    • Backs up to the old golf course, now used as a disc golf course
    • Access to resort amenities including a clubhouse and a lake
    • Resort amenities include a gym and riding and walking trails

    Overview

    This for-sale residential land parcel offers 1.04 acres for a custom home build within a planned community setting. The lot is positioned on a cul-de-sac, giving it a quieter end-of-street feel, and it backs up to an area described as the former golf course, now used as disc golf.

    The property is located in Louisa County near Gordonsville, VA, on Oakmont Dr, lot 102. The community is described as Shenandoah Crossings and is marketed with resort amenities including a clubhouse, a lake, a gym, and riding and walking trails.

    For buyers looking for a home site that combines private residential lot placement with access to clubhouse and outdoor recreation amenities, this parcel provides a straightforward option to bring plans and begin construction. Its backing location along the disc golf area may also appeal to buyers who want an open, recreational view behind the home site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Gordonsville
    County
    Orange
    State
    Virginia
    Longitude
    -78.15352
    Latitude
    38.087172

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    FAQs

    What type of property is this?
    Residential land & home lot - Build in a resort-style community with clubhouse amenities and backing open recreational grounds.
    Where is this residential land & home lot located?
    The property is located at OAKMONT DR lot 102 Gordonsville, VA.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: 1‑acre lot in Shenandoah Crossings, Louisa County, ready for a new home build; Cul‑de‑sac location on Oatmont Dr; Backs up to the old golf course, now used as a disc golf course
    (804) 405-2491
    We can help!
    Listing Contact
    LEWIS TINGLER
    Real Estate License ID: 0225215007
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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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