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    Powerhouse Rd Independence, VA 24348

    • Land
    • 12.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Powerhouse Rd

    Lot size
    12.02 lot acres
    Property type
    Land

    Description

    This exceptional 12.022-acre commercial land parcel in Grayson County, Virginia, presents a unique investment opportunity. Located on Powerhouse Rd, Independence, VA 24348 (APN: 54-A-14D), this property boasts breathtaking views of Point Lookout and Buck Mountain. The land features a newly constructed road leading to a high point with potential for two homesites. A stream at the entrance provides recreational opportunities, perfect for family gatherings. Enjoy the serene sounds of Powerhouse Falls and Peach Bottom Creek. The property's heavily wooded landscape offers privacy and natural beauty. Conveniently located approximately 5 minutes from the town of Independence for shopping and amenities, and within walking distance of Grayson County Park with its trails and recreational facilities. The asking price is $92,900, encompassing a substantial 523,678 square feet. A virtual tour is available. This property offers a blend of tranquility, recreational potential, and convenient access to local amenities, making it an ideal investment.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Grayson
    State
    Virginia
    Longitude
    -81.1179
    Latitude
    36.6373

    Comparable in this City

    • Value Estimation by Request

      Independence, VA 24348

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      Independence, VA 24348
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      5.93 Acres

      Darco Dr

      VACANT COMMERCIAL LAND • 5.93 Acres
      Darco Dr, Independence, VA 24348
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    • Value Estimation by Request
      1.36 Acres

      Darco Dr

      VACANT COMMERCIAL LAND • 1.36 Acres
      Darco Dr, Independence, VA 24348
      View Details
    • Value Estimation by Request
      0.64 Acres

      Independence, VA 24348

      VACANT COMMERCIAL LAND • 0.64 Acres
      Independence, VA 24348
      View Details
    • Value Estimation by Request
      0.34 Acres

      Grayson Ave

      VACANT COMMERCIAL LAND • 0.34 Acres
      Grayson Ave, Independence, VA 24348
      View Details
    • Value Estimation by Request
      1,599 SF

      127 Main St

      COMMERCIAL (GENERAL) • 1,599 SF
      127 Main St, Independence, VA 24348-3985
      View Details

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    Powerhouse Rd
    Independence, VA 24348
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    Realmo Value Estimation

    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.

    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.

    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
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