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Property profile & analytics
OFF-MARKET
Land

0 Powerhouse Rd Independence, VA 24348

12.02 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 12.02 ac (523,678 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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