Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    lot T Ivondale Road Warsaw, VA 22572

    View on Map
    Claim this Listing
    New
    Picture of Agricultural land / Farmland at lot T Ivondale Road, Warsaw, VA
    Pending
    $38,000

    Non-Waterfront Land - Warsaw, VA

    Type:Single Family Residence
    Lot size:
    5.43 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 28 at 5:06 pm

    Property Features for lot T Ivondale Road

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Zoning
    Agricultural
    Standard status
    Pending
    APN
    36-5-T
    Lot size
    5.43 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Robbie Booth & Melissa L. Bradley ABR

    Listing agent Robbie Booth & Melissa L. Bradley ABR

    Listing office Shore Realty, Inc. P. O. Box 369, Callao, VA

    Listing date Apr 28, 2026

    MLS# 119946 Listing URL

    Copyright © 2026 Northern Neck 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.

    Overview

    Richmond County Wooded Land

    This property features 5.43 acres of wooded land located in Richmond County, Virginia. The private location offers scenic views and plentiful wildlife. The land is approved for a septic system and provides several choices for homesite spots. It includes trees and some natural trails. A public boat ramp provides quick access to the Rappahannock River.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Warsaw
    County
    Richmond
    State
    Virginia
    Longitude
    -76.7668
    Latitude
    37.967

    Nearby Similar for Sale

    • $124,900

      Waterfront Land in Gated Community

      Waterfront lot in gated community with boat slip and amenities.
      Lot 5 Grand View Lane, Warsaw, VA 22572
      View Details
    • $84,900

      Waterfront Land in Garland Lake

      3.9 acre lot with water access in Warsaw, Virginia.
      Lot 39 E Sunrise Drive, Warsaw, VA 22572
      View Details
    • $25,000

      Richmond County Wooded Land

      Almost 2 acres of wooded land in Richmond County, Virginia.
      lot S Ivondale Road, Warsaw, VA 22572
      View Details
    • $150,000

      Land Available in Warsaw, VA

      1.13 acre land parcel for sale in Warsaw, Virginia.
      HISTORYLAND Highway, WARSAW, VA 22572
      View Details
    • $25,900

      Land For Sale, Warsaw, VA

      One acre of commercial land available in Warsaw, Virginia.
      MENOKIN Road, WARSAW, VA 22572
      View Details
    • $79,900

      Richmond County Wooded Residential Land

      9+ acre wooded parcel near Warsaw and public boat landing.
      2 Settlers Landing Road, Warsaw, VA 22572
      View Details
    • $120,000

      Waterfront Land in Solaris Pointe

      14.41-acre waterfront lot with beachfront on Totuskey Creek.
      Solaris Lane lot: 5, Warsaw, VA 22572
      View Details
    • $119,000

      Residential Land in Richmond County

      22.74 acre residential lot near Totuskey Creek.
      145 Laurel Lane, Warsaw, VA 22572
      View Details
    • $38,000

      Richmond County Wooded Land

      5.42 acres of wooded land in Richmond County, Virginia.
      lot U Ivondale Road, Warsaw, VA 22572
      View Details
    • $229,000

      33.13 Acres Approved Lots

      33.13 acre parcel approved for 4 lots near Warsaw.
      0 OAK ROW RD, WARSAW, VA 22572
      View Details
    • $84,900

      Land for Sale in Warsaw

      Land available in Warsaw, Virginia.
      Lot 39 East Sunrise Drive, Warsaw, VA 22572
      View Details
    • $315,000

      Route 3 Frontage Land

      Commercial land with utilities and high traffic volume.
      15284 History Land Hwy, Warsaw, VA
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 5.43 acres of wooded land near Rappahannock River.
    Where is this agricultural land / farmland located?
    The property is located at lot T Ivondale Road Warsaw, VA.
    What is the asking price?
    The asking price for this property is $38,000.
    What are key features of this property?
    This property features: 5.43 acres of wooded land provides privacy and space.; Approved for a septic system, saving time and expense.; Minutes from a public boat ramp providing access to the Rappahannock River.
    (804) 339-1504
    We can help!
    Listing Contact
    Robbie Booth & Melissa L. Bradley ABR
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!