Property profile

0 Cedar Springs Rd Sugar Grove, VA 24375

OFF-MARKET
Land
157.5 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 157.5-acre property in Smyth County, Virginia, presents a unique investment opportunity. Located near Sugar Grove (zip code 24375) with convenient access to I-81 (15 minutes away), this farm boasts stunning mountain views and excellent road frontage on multiple roads. Currently utilized for corn and pumpkin cultivation, its agricultural zoning permits diverse uses, including Christmas tree farming, horse boarding, or campground development. The land's potential extends beyond agriculture; its location and accessibility make it a strong candidate for various development projects. The property includes APNs 71-3-2, 71-3-3, 71-2-4, and 71-2-3. Recreational opportunities abound, with potential for hunting (whitetail deer, turkey, bear), ATV riding, hiking, and camping. The property also features hardwood timber, adding further investment potential. Owner financing may be considered. This picturesque valley farm offers unrivaled beauty and income-generating potential, making it an exceptional investment. The property is listed at $1,150,000.

Property profile

Verified
Property type Land
Lot 157.5 ac (6,860,700 SF)

Cap rate & NOI

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

Location

Cedar Springs Rd Sugar Grove, VA 24375
Sugar Grove metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Cedar Springs Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message