125 Ahart Rdg Rd #108 Ararat, VA 24053
This exceptional 108.93-acre commercial property in Ararat, Virginia, presents a unique investment opportunity. Located just 10 minutes from Mt. Airy (Mayberry), the land boasts stunning Blue Ridge Parkway views and a picturesque setting. Johnson Creek, complete with cascading waterfalls, flows through the property's center. The property includes a substantial 5,000 square foot site-built farm building featuring high ceilings (12' x 14') and large garage doors (12' x 14'). Built by a licensed contractor, this structure offers significant flexibility. The land is zoned RA and offers multiple potential building sites. Electric power is already installed. This versatile property is available in various configurations: the entire 108.93 acres, or potentially smaller parcels (buyer may adjust location and acreage). Miles of trails wind through the property, showcasing its natural beauty and abundant streams. Showings are by appointment only, and qualified buyers are encouraged to inquire. Asking price is $981,550.
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
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Property description
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No recorded transactions found for this property.
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Risks
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