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Property profile & analytics
OFF-MARKET
Land

12274 Smith Mountain Lake Pkwy Huddleston, VA 24104

111.24 ac lot
Property ID
US87-2157109
Property summary
AI-generated overview

Exceptional 111.24-acre property in Huddleston, Virginia, situated at the intersection of Smith Mountain Lake Parkway and Tolers Ferry Road. This versatile land boasts two existing homes and numerous outbuildings, offering immediate income potential or redevelopment opportunities. Currently utilized as a beef cattle farm, the expansive acreage features wide-open pastures and rolling fields, ideal for a variety of agricultural pursuits, including vineyards or orchards. The property's location provides convenient access to both Roanoke and Lynchburg. Its prime location backing up to Mariners Landing Golf Resort adds significant value and appeal. Development potential includes an equestrian center or subdivision into residential tracts. Enjoy breathtaking views of Smith Mountain Lake, capturing both stunning sunrises and sunsets. The property is currently taxed under its existing land use classification. Asking price: $4,500,000. Located in Bedford County, VA, zip code 24104.

Property profile
Verified
Property type Land
Lot 111.24 ac (4,845,614 SF)
UPID US87-2157109
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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