0 Grace Stone Dr, Clarksville, VA 23927
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.
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.