Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Seventeen Acres of Pristine Land Title is generated by Realmo AI

    PADUA LANE, Sperryville, VA 22740

    View on Map
    Claim this Listing
    New
    For Sale
    $425,000

    LAND - SPERRYVILLE, VA

    Lot size:
    17.05 Acres
    Added:
    May 11, 2026
    Days on Market:
    6
    Last Refresh:
    May 16 at 5:06 am

    Property Features for PADUA LANE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    17.05 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1228

    We can help!

    Listing Contact
    Jackson Miller Jr.

    Listing agent Jackson Miller Jr. License #O225270823

    Listing office Pearson Smith Realty LLC 7051 Heathcote Village Way unit: 240, Ashburn, VA

    Listing date May 11, 2026

    MLS# VARP2002646 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Backs up to thousands of acres of wilderness due to long Park boundary.
    • Existing well and year‑round spring with exceptionally pure water; spring water tested with high purity rating.
    • 17‑acre parcel with a cleared 1/2‑acre building site that has perked.
    • Potential for long eastern views from the building site and winter views of Pignut Mountain.
    • Pristine mixed hardwood and laurel forest with diverse natural treasures (wildflowers, morels, etc.) and wildlife.
    • Owner financing available with 10% down upon mutually agreeable terms.

    Overview

    This 17.05-acre parcel, acquired in 1957, features a clearing of approximately half an acre, surrounded by mixed hardwood and laurel forest. The property is located at the southern base of Oventop Mountain and backs up to a long park boundary, offering access to thousands of acres of wilderness. A driveway and well were installed in 2004. The proposed building site has perked and is ready for construction. A year-round spring provides drinking water. The woods contain natural treasures such as ladies slipper, black and blue cohosh, showy orchis, trillium, bloodroot, wild ginseng, and morels. Wildlife includes deer, turkey, birds, bear, and bobcat. There is potential for a long eastern view from the building site and winter views of Pignut Mountain. Boulders and outcroppings provide formations, hiking destinations, and views. Owner financing is available with 10% down upon mutually agreeable terms.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Sperryville
    County
    Rappahannock
    State
    Virginia
    Longitude
    -78.2613979
    Latitude
    38.6803053

    Nearby Similar for Sale

    • $750,000

      Commercial Building in Sperryville, VA

      Corner lot building suitable for restaurant, retail, or medical office.
      12167 LEE Highway, SPERRYVILLE, VA 22740
      View Details
    • $825,000
      4,824 SF

      Turn-Key Restaurant with Commercial Units

      Fully equipped restaurant with additional commercial units and high visibility.
      11669 LEE Hwy, Sperryville, VA 22740
      View Details
    • $559,000
      1,260 SF

      Income-Generating Multi-Family Property

      Rare multi-family and commercial income opportunity in Rappahannock County.
      11947 LEE Highway, SPERRYVILLE, VA 22740
      View Details
    • $299,000

      Secluded Land Near Shenandoah Park

      Private, wooded 14.34-acre parcel near Shenandoah National Park.
      PADUA, SPERRYVILLE, VA 22740
      View Details
    • $750,000
      2,435 SF

      Sperryville Commercial Building For Sale

      Commercial building suitable for restaurant, retail, or medical office.
      12167 LEE Hwy, Sperryville, VA 22740
      View Details
    • $249,000

      Wooded Lot Near Old Rag

      3.64 acre wooded lot near fishing and Old Rag.
      NETHERS, SPERRYVILLE, VA 22740
      View Details
    • $550,000

      Sperryville Acreage with Mountain Views

      17-acre parcel near Sperryville with mountain views and creek.
      TBD 0 Lee Hwy PORTION OF TAX ID 38-71, Sperryville, VA 22740
      View Details
    • $550,000

      Sperryville Acreage with Mountain Views

      17-acre parcel in Sperryville with mountain views and town access.
      TBD 0 Lee Hwy PORTION OF TAX ID 38-71, SPERRYVILLE, VA 22740
      View Details
    • $949,000

      100 Acre Sperryville Land Parcel

      Spectacular 100-acre property in Sperryville, featuring meadows and timber.
      SLATE MILLS ROAD, SPERRYVILLE, VA 22740
      View Details

    FAQs

    What type of property is this?
    Land - Land with spring, suitable for building a dream house.
    Where is this land located?
    The property is located at PADUA LANE Sperryville, VA.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Backs up to thousands of acres of wilderness due to long Park boundary.; Existing well and year‑round spring with exceptionally pure water; spring water tested with high purity rating.; 17‑acre parcel with a cleared 1/2‑acre building site that has perked.
    (540) 729-9960
    We can help!
    Listing Contact
    Jackson Miller Jr.
    Real Estate License ID: O225270823
    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
    PADUA LANE, SPERRYVILLE, VA 22740
    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!