23 Grace Stone Dr Clarksville, VA 23927
Exceptional 1.57-acre commercial land parcel presents a unique opportunity in Clarksville, Virginia. Located at 23 Grace Stone Drive, this property is zoned for residential use and offers a picturesque setting within a thriving community. The lot is situated in Mecklenburg County, zip code 23927, and boasts convenient access to Kerr Lake. Enjoy the charm of Clarksville, Virginia's only lakefront town, with nearby amenities including Clarksville Marina (boat slip leasing available) and Kinderton Country Club. Community features include recently completed homes and ongoing construction, creating a vibrant atmosphere. The property includes a shared pond and offers a peaceful environment for leisurely strolls. While a minimum 2100 square foot home is required (1750 heated square feet), this presents a blank canvas for a substantial development. Note that connection fees apply for town water and sewer services. High-speed internet access is also coming soon. This affordable land presents an ideal opportunity to build your dream home in the desirable Kerr Lake region. A virtual tour is available online.
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
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.