Property profile

0 Jeb Stuart Hwy Damascus, VA 24236

OFF-MARKET
Land
5.05 ac lot
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Property summary

AI-generated overview

This exceptional 5.05-acre property in Damascus, Virginia, presents a unique opportunity for outdoor enthusiasts. Located in Washington County, this land boasts paved road frontage and power readily available at the street, simplifying development. A natural spring/creek flows through the property, adding to its natural beauty and potential. The property's rear boundary directly adjoins the National Forest, providing immediate access to thousands of acres of public land perfect for hunting, hiking, and exploring. Nearby attractions include the Appalachian Trail, the Virginia Creeper Trail, and BearTree Campground, all within two miles. Grayson Highlands State Park and Whitetop Mountain are also conveniently close. The area is renowned for its abundant fishing opportunities in the many stocked mountain streams. Horseback riding enthusiasts will also appreciate the region's popularity for this activity. The property's southern-sloping location ensures excellent sun exposure throughout the day. Long-range views exist, and selective clearing of mature trees could dramatically enhance the already stunning vistas, potentially offering unobstructed views of Whitetop Mountain. This is a rare chance to own a piece of this outdoor paradise, conveniently located near Damascus, known as "Trail Town USA." The asking price has been reduced. All information should be verified by the buyer.

Property profile

Verified
Property type Land
Lot 5.05 ac (219,978 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Jeb Stuart Hwy Damascus, VA 24236
Damascus metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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