Property profile

1670 River Rd Elkton, VA 22827

OFF-MARKET
Land
Property ID
US87-2850453
40.41 ac lot
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Property summary

AI-generated overview

This exceptional 40.41-acre property in Elkton, Virginia, presents a unique blend of agricultural potential and idyllic residential possibilities. Located on River Road, it boasts captivating views of Massanutten Mountain and the Shenandoah National Park, offering unparalleled natural beauty. The land is zoned A1, featuring elite tillable acreage with Class A soils perfect for prime crop production. Multiple potential home sites exist, complemented by excellent topography for custom home design. Utilities are conveniently located nearby for easy and affordable hookups. The property's strategic location provides a tranquil escape while remaining just a half-hour drive from the amenities of downtown Harrisonburg. Adding to its appeal, an adjacent lot recently received approval for a 3-bedroom conventional septic system, suggesting feasibility for similar development on this property. The APN is 114 A 186A. This remarkable parcel offers an unparalleled opportunity to own a piece of Virginia's scenic landscape, combining agricultural viability with exceptional residential potential. The asking price is $975,000.

Property profile

Verified
Property type Land
Lot 40.41 ac (1,760,260 SF)
UPID US87-2850453

Cap rate & NOI

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

Location

1670 River Rd Elkton, VA 22827
Elkton 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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