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    OFF-MARKET
    Land

    0 Dam Town Rd Fort Defiance, VA 24437

    16.5 ac lot
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    AI-generated overview

    This exceptional 16.5-acre commercial land parcel in Augusta County, Virginia, presents a unique investment opportunity. Located on Dam Town Road in Fort Defiance (zip code 24437), the property boasts a captivating blend of features. A significant portion offers a wooded bluff overlooking and bordering the Middle River, providing stunning natural views. Additionally, a substantial flat area along Dam Town Road also borders the Middle River, offering versatile development potential. The seller is offering attractive financing terms: 20% down payment with a 7% interest rate, amortized over 20 years, including a balloon payment due in 3 years. This financing option is subject to seller approval. The total acreage of the larger parcel is 35.74 acres

    Property profile
    Verified
    Property type Land
    Lot 16.5 ac (718,740 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
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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    Dam Town Rd, Fort Defiance, VA, 24437
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