36 Ac Timberlake Dr Skipwith, VA 23927
This exceptional 36-acre property presents a unique investment opportunity on the picturesque 50,000-acre Buggs Island/Kerr Lake, near Clarksville, Virginia. Zoned R1, the land offers diverse development possibilities, including expansion of the adjacent Beechtree subdivision or creation of a private retreat. The property boasts approximately 30 acres of mixed and mature timber, adding potential value. A significant advantage is the included permit for a 10-slip dock, enhancing waterfront development potential. A shared pond further complements the property's appeal. Located less than five minutes from Clarksville's downtown area and within an hour's drive of Raleigh-Durham, this location provides convenient access to amenities and attractions. The property's size and features make it ideal for various uses, from residential development to a private family estate. This is a rare opportunity to acquire a substantial waterfront parcel with significant potential in a desirable location. The property's address is 36 AC Timberlake Drive, Clarksville, VA 23927.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.