Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    67 Acres of Versatile Land Title is generated by Realmo AI

    Sugar Run Road, Jonesville, VA 24263

    View on Map
    Claim this Listing
    Pending
    $139,000

    LAND - Jonesville, VA

    Lot size:
    67.00 Acres
    Added:
    May 19, 2026
    Days on Market:
    16
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for Sugar Run Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agriculture
    Standard status
    Pending
    APN
    34-(2)-3
    Lot size
    67.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    472

    Utilities

    Utilities
    Electricity Available
    Water source
    Well

    We can help!

    Listing Contact
    Nichole Roberts

    Listing agent Nichole Roberts License #0225247098, 362015

    Listing office R-MAC Realty 242 W Jackson St, VA

    Listing date May 19, 2026

    MLS# 9995641 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

    • 67‑acre property with open pasture and rolling terrain
    • Multiple potential homesites due to varied elevation
    • Includes existing well and electricity hookup
    • Features a storage building on the property
    • Suitable for building a home, farming, recreation, or investment
    • Offers privacy, natural beauty, and open space

    Overview

    This 67-acre property features a combination of open pasture, rolling terrain, and elevated views. The lower portion of the land includes usable pasture area, with a gentle rise leading to additional open pasture space. The property's topography creates multiple potential homesites, recreational areas, or farming opportunities. Existing infrastructure includes a well, electricity hookup, and a storage building. The property is located in Jonesville, VA. The land's features support various uses, including building a home, establishing a farm or homestead, creating a private retreat, or investing in land. The property offers privacy, natural beauty, and open space with a mix of pasture and wooded elevation changes. The property is sold 'AS IS'.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Jonesville
    County
    Lee
    State
    Virginia
    Longitude
    -83.110594
    Latitude
    36.720237

    Nearby Similar for Sale

    • $389,000
      3,520 SF

      Jonesville Multifamily Investment Opportunity

      Multi-unit apartment building with eight units on almost half acre.
      151 Martin Street, Jonesville, VA 24263
      View Details
    • $1,400,000
      9,787 SF

      Veterinary Hospital on Highway 58

      Operating veterinary hospital on 1.95 acres with highway frontage.
      117 Ed Hines Drive, Jonesville, VA 24263
      View Details
    • $25,000
      2,300 SF

      Charming Church with Restoration Potential

      Country church suitable for restoration or adaptive reuse.
      162 York Drive, Jonesville, VA 24263
      View Details
    • $185,000

      34.518 Acres in Jonesville, VA

      34.518 acres with timber, pasture, barns, and creek.
      Old Friendship, Jonesville, VA 24263
      View Details
    • $115,000

      Land Near Shavers Ford

      Mountain property offering country living near Shavers Ford.
      1674 Shavers Ford Road, Jonesville, VA 24263
      View Details
    • $8,500

      Residential Lot in Jonesville, VA

      Level residential lot ready for building with public utilities.
      603 Town Branch Road, Jonesville, VA 24263
      View Details
    • $69,000

      Land with Development Potential

      48.5 acres of land in Jonesville, Virginia.
      Old Friendship Rd, Jonesville, VA 24263
      View Details
    • $139,000

      Land with Meadow Views

      34.5 acres with multiple home sites near Jonesville, Virginia.
      Lower Wallens Creek Rd, Jonesville, VA 24263
      View Details
    • $94,900

      Tranquil 46 Acres in Jonesville

      Secluded 46-acre retreat in Southwest Virginia with power and spring.
      Sulphur Springs Road, Jonesville, VA 24263
      View Details
    • $45,000

      Wooded Land in Jonesville, VA

      4.75 acres of wooded land with road access.
      Beech Springs Road, Jonesville, VA 24263
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 67-acre property with pasture, rolling terrain, and elevated views.
    Where is this agricultural land / farmland located?
    The property is located at Sugar Run Road Jonesville, VA.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: 67‑acre property with open pasture and rolling terrain; Multiple potential homesites due to varied elevation; Includes existing well and electricity hookup
    (276) 220-3996
    We can help!
    Listing Contact
    Nichole Roberts
    Real Estate License ID: 0225247098, 362015
    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
    Sugar Run Road, Jonesville, VA 24263
    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!