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    OFF-MARKET
    Land

    125 Ahart Ridge Rd, Ararat, VA 24053

    40 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 40-acre commercial land parcel in Ararat, Virginia, presents a unique investment opportunity. Located at 125 Ahart Ridge Road, #40, in Patrick County, this property boasts stunning Blue Ridge Mountain views and a tranquil setting. The land is entirely wooded and features Johnson Creek, complete with cascading waterfalls, creating a picturesque and serene environment. Multiple potential building sites are available, offering flexibility for development. Appalachian Power lines traverse the property, providing convenient access to utilities. The property is zoned RA and is conveniently located approximately 10 miles from Mount Airy, North Carolina. While this listing specifically refers to a 40-acre tract, it's important to note that this is part of a larger acreage offering, with other parcels available ranging from 72 to 175 acres. Buyers have the flexibility to potentially adjust the location and acreage within the larger property, though a survey will be required at the buyer's expense. This "flex-property" approach allows for customized acquisition to meet specific needs. The asking price for this 40-acre parcel is $180,000. This property is ideal for those seeking a secluded yet accessible location with significant development potential.

    Property profile
    Verified
    Property type Land
    Lot 40 ac (1,742,400 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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    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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