0 Powerhouse Rd Independence, VA 24348
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.