Property profile

0 Martin Kings Rd Scottsville, VA 24590

OFF-MARKET
Land
2081 ac lot
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Property summary

AI-generated overview

This remarkable 2,081-acre property in Albemarle County, Virginia, presents a unique opportunity to own a piece of Virginia's rich heritage. Located just 15 miles from the University of Virginia and 12 miles from Martha Jefferson Hospital, this expansive land boasts over 100 miles of frontage along picturesque creeks, including Jacobs Creek and Buck Island Creek. Its convenient location is further enhanced by its proximity to I-64 (one mile) and the Lake Monticello Shopping Center (six miles). The property is divided into three tracts: Tract 1 (635 acres) features frontage on Buck Island Rd and Ed Jones Rd, offering picturesque fields and views of Carter Mountain. Tract 2 (925 acres) boasts extensive frontage on Martin Kings Rd and Buck Island Rd, ideal for a large estate. Tract 3 (521 acres) provides a private setting with frontage on Ed Jones Rd and access from Jacob Creek Dr. Placed into a conservation easement with the Albemarle Conservation Easement Authority in July 2019, this property is part of a prestigious community near Monticello. The permitted zoning is RA, and the asking price is $4,500,000. This exceptional offering provides the flexibility to create a private retreat or luxurious estate in a stunning natural setting. The property's address is Martin Kings Rd, Scottsville, VA 24590.

Property profile

Verified
Property type Land
Lot 2081 ac (90,648,360 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Martin Kings Rd Scottsville, VA 24590
Scottsville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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