125 Ahart Ridge Rd Ararat, VA 24053
This exceptional 150-acre commercial land parcel, located at 125 Ahart Ridge Road #150, Ararat, VA 24053, presents a unique investment opportunity. Situated in Patrick County, Virginia, this property boasts a diverse landscape featuring over four miles of trails, a cascading creek known as Johnson Creek, and abundant wooded areas. The land is zoned RA and offers numerous potential building sites, making it ideal for a variety of commercial ventures. The property is conveniently located approximately ten miles from Mount Airy, North Carolina. Appalachian Power lines traverse the property. Buyers should note that a survey will be required at the buyer's expense. While the property description mentions a creek and trails, the suitability for specific commercial uses should be independently verified. The current lease on a portion of the land expires May 13, 2025, with a remaining term of approximately six months. The seller is retaining a separate portion of the original acreage. This flexible property allows for potential adjustments to the final acreage and location, subject to survey and due diligence. Enjoy breathtaking Blue Ridge Mountain views and the natural beauty of this Appalachian tract. This is a rare opportunity to acquire a substantial land holding with significant development potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.