0 Rainbow Trout Ln Woodlawn, VA 24381
This 5.1-acre commercial property in Woodlawn, Virginia (APN 62-5-54A), offers a unique investment opportunity. Situated in the gated Laurel Mountain community along Crooked Creek, it boasts 521 feet of creek frontage. The property features a 2.33-acre cleared building site with mountain and creek views, and a separate 2.72-acre level, mostly cleared area ideal for development. The land is a mix of wooded and cleared areas, providing versatility for various commercial ventures. Its location offers easy access to the New River Trail and Blue Ridge Parkway, enhancing its appeal and potential. The asking price is $169,900. This secluded, pristine setting is perfect for outdoor recreation-focused businesses or those seeking a tranquil yet accessible location. The property's diverse topography and ample acreage present significant development potential. Carroll County location and proximity to major attractions make this a compelling 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
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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.