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    12 Woods Edge Dr Rocky Mount, VA 24151

    • Land
    • 1.14 lot acres
    For Sale
    View listing
    $26,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 12 Woods Edge Dr

    Lot size
    1.14 lot acres
    Property type
    Land

    Description

    This exceptional 1.143-acre commercial lot is located in the desirable Woods Edge subdivision of Rocky Mount, Virginia. Zoned A1, this property presents a unique opportunity for various commercial ventures. Its convenient location offers easy access to Smith Mountain Lake, as well as the nearby cities of Rocky Mount, Roanoke, and Martinsville, ensuring high visibility and accessibility for businesses. A significant advantage is the pre-existing well, eliminating a crucial initial development cost. The seller is open to building to suit the buyer's specific needs, offering flexibility and customization. The surrounding area features beautiful homes, creating an attractive and established community. High-speed internet access from Shentel is also planned for the near future, further enhancing the property's appeal. The lot's APN is 0450000615. All offers are welcome. This is an excellent investment opportunity for those seeking a well-located, ready-to-develop commercial parcel in a thriving area. The asking price is $26,000.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Rocky Mount
    County
    Franklin
    State
    Virginia
    Longitude
    -79.8578
    Latitude
    37.068

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    Similar Nearby for Sale

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      1.14 Acres

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    12 Woods Edge Dr
    Rocky Mount, VA 24151
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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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