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    Quail Ridge Cir Cave Spring, VA 24018

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

    Current Use by Public Records

    • Land

    Property Details for 0 Quail Ridge Cir

    Lot size
    3.86 lot acres
    Property type
    Land

    Description

    This exceptional 3.86-acre parcel in Cave Spring, Virginia, presents a remarkable opportunity for multi-family development. Located in the desirable Hunting Hills area, this property boasts convenient access via Quail Valley Condominiums and Quail Ridge townhomes. The land comprises two build-ready lots, with several conceptual plans already developed for the remaining acreage. This prime southwest Roanoke County location offers proximity to a variety of shopping and dining options, as well as the prestigious Hunting Hills Country Club, complete with an 18-hole golf course, tennis courts, swimming pool, and a stunning clubhouse. The R3 zoning designation permits the construction of medium-density multi-family housing, both attached and detached. The address is 0 Quail Ridge Circle, Cave Spring, VA 24018. This is an ideal investment for developers seeking a highly sought-after location with established infrastructure and amenities. The asking price for this exceptional development opportunity is $175,000. Don't miss this chance to acquire a significant piece of land in a thriving community.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cave Spring
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.9738
    Latitude
    37.2211

    Comparable in this City

    • Value Estimation by Request

      Quail Ridge Cir

      Land
      0 Quail Ridge Cir, Cave Spring, VA 24018
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    • Value Estimation by Request
      3.86 Acres

      5529 Quail Ridge Cir

      Land • 3.86 Acres
      5529 Quail Ridge Cir, Cave Spring, VA 24018
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      3.80 Acres

      Electric Rd

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      1.15 Acres

      3771 Peters Creek Rd

      Land • 1.15 Acres
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      52.56 Acres

      Elm View Rd

      Land • 52.56 Acres
      0 Elm View Rd, Cave Spring, VA 24018
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    • Value Estimation by Request
      2.32 Acres

      3460 Buck Mountain Rd

      Land • 2.32 Acres
      3460 Buck Mountain Rd, Roanoke, VA 24018
      View Details

    Similar Nearby for Sale

    • $175,000

      Hunting Hills Multi-Family Land

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      0 Quail Rdg Cir, Cave Spring, VA 24018
      View Details
    • $50,000
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      Roanoke Land For Sale

      2.23 acre land parcel available in Roanoke, Virginia.
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      Prime Roanoke Commercial Land

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      Starkey Road Development Land

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      Roanoke Single Family Residence

      Single family residence in Roanoke, VA with owner financing.
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      Roanoke Single Family Home

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    Similar Nearby for Lease

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      Southwest Plaza Retail Center

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    • $18 SF/Yr
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      Cave Spring Medical Office Space

      2,900 sq ft Single-Tenant Medical Office
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      View Details
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    Quail Ridge Cir
    Cave Spring, VA 24018
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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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