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    Grace Stone Dr Clarksville, VA 23927

    • Land
    • 2.30 lot acres
    For Sale
    View listing
    $55,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Grace Stone Dr

    Lot size
    2.30 lot acres
    Property type
    Land

    Description

    This exceptional 2.3-acre commercial land parcel is situated in Clarksville, Virginia, at 16 Grace Stone Drive, zip code 23927. Zoned R, this property presents a unique opportunity for commercial development. The lot boasts creek frontage, adding to its appeal and potential. Historical accounts suggest the sandy beach area was used in the construction of the Grace Stone Hotel, lending a rich local history to the site. The property is part of Grace Stone Estates, a community that offers a tranquil small-town atmosphere while maintaining convenient proximity to downtown Clarksville for shopping and dining. Residents also enjoy access to a community pond. This location offers a blend of peaceful living and easy access to amenities. The property's latitude and longitude coordinates are 36.6217262, -78.5837031 respectively. A virtual tour is available online. This is an ideal location for those seeking a blend of rural charm and urban convenience. The asking price for this remarkable property is $55,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Clarksville
    County
    Mecklenburg
    State
    Virginia
    Longitude
    -78.5837
    Latitude
    36.6217

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    Similar Nearby for Sale

    • $55,000
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      Clarksville Commercial Land - $55K

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      Clarksville Commercial Land - 1.62 Acres

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    Grace Stone Dr
    Clarksville, VA 23927
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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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