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    Fry Rd Galax, VA 24333

    • Land
    • 5.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Fry Rd

    Lot size
    5.04 lot acres
    Property type
    Land

    Description

    This exceptional 5.04-acre commercial lot in Galax, Virginia, boasts prime New River frontage and a cleared homesite. Located within the New River Haven Community, it offers access to a shared common area featuring a gazebo, grill, and boat launch. The property is subject to covenants and restrictions, ensuring community integrity, and benefits from a road maintenance agreement covering the common area and private road. Its secluded setting provides ample opportunities for recreation, including fishing, kayaking, camping, hiking, and biking. Situated less than 20 minutes from Galax and 15 minutes from Independence, VA, this property offers a blend of tranquility and convenient access to nearby amenities and attractions. The lot encompasses 219,542 square feet and presents a unique investment opportunity. The Grayson County location (APN 55-6-5) and its proximity to charming towns make this a highly desirable property. The asking price is $145,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Galax
    County
    Grayson
    State
    Virginia
    Longitude
    -80.9208
    Latitude
    36.6291

    Comparable in this City

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      4.14 Acres

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      Fry Rd

      Land • 5.02 Acres
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      20.00 Acres

      544 Rivercross Ln

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      2.44 Acres

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      VACANT COMMERCIAL LAND • 2.44 Acres
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      59.70 Acres

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      VACANT COMMERCIAL LAND • 59.70 Acres
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      4.20 Acres

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      VACANT COMMERCIAL LAND • 4.20 Acres
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    Fry Rd
    Galax, VA 24333
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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