54A Rainbow Trout Ln Woodlawn, VA 24381
Exceptional opportunity to acquire 2.728 acres of commercial land in Woodlawn, Virginia. This property boasts 520 feet of frontage on Crooked Creek, a renowned trout stream known for its clear mountain water. The land itself is a mix of cleared and wooded areas, featuring both level and rolling slopes, totaling 118,832 square feet. Located in Carroll County, VA, zip code 24381, this parcel presents a unique blend of natural beauty and commercial potential. The property has recently been surveyed for a three-bedroom residence, simplifying the development process. An adjoining 5-acre tract is also available for purchase, offering the potential to expand to a total of nearly 5 acres. Underground power is available in the area. This prime location offers easy access to local attractions, charming towns, and festivals, making it an ideal investment for various commercial ventures or a unique residential development. The APN is 62-5-54A. The asking price is $144,900. This is a rare opportunity to own a piece of the Blue Ridge Mountains.
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
Similar Nearby for Sale
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.