$195,000

Estimated payment $1,120/month

Total Views 9,795
1.63 Acres
$119,632 Price per Acre
71,003 Sq Ft Lot

Highlights

  • No HOA
  • Views
  • Level Lot

About This Lot

Historic Building with Endless Potential! Charming 1920s Schoolhouse, Unique piece of Ferrum's history waiting for the Next Chapter! Prime Location near Ferrum College, 1.63 ACRES offers 12,224SF Solid Brick Canvas for Visionary Developers, Investors & Creative Homeowners! NO ZONING! Discover the Perfect Opportunity to Build Your Vision with Flexibility for Commercial, MultiFamily or Residential Use. Great Location with Easy Access to Ferrum College. Future Loft-Style Apartments, Event Space, or Unique Commercial Venture! Convenience to Restaurants, Banking, Medical & more! Public Water/Sewer connection available. Structure sold ''as-is''

Listing Agent

Angie McGhee

MKB, REALTORS(r) - FRANKLIN CO License #0225095935 Listed on: 03/06/2025

MKB, REALTORS(r)  - FRANKLIN CO

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $717

Lot Details

  • 1.63 Acre Lot
  • Level Lot
  • Property is zoned NZ

Schools

  • Ferrum Elementary School
  • Ben Franklin Middle School
  • Franklin County High School

Additional Features

  • Mobile Home Allowed
  • Cable TV Available
  • Property Views

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$717

Lot Details

0

Listing Details

  • Type: Land
  • Views: Sunset
  • CondoAssocYN: No
  • ElectricDescription: Available
  • Internet Access: Cable
  • Land Sub Type: Residential - Multi-Family
  • Major Area: 04 - Franklin County
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Description: Other - See Remarks
  • Water Description: Other - See Remarks

Schools

  • Elementary School: Ferrum
  • Middle School: Ben Franklin Middle
  • High School: Franklin County

Lot Info

  • Property Group Id: 19990816212131825981000000
  • Land Description: Gentle Slope, Level
  • Total Acreage: 1.63
  • Cleared Acres: 1.63
  • Land Type: Land (Acreage)
  • ZoningCode: NZ

Tax Info

  • Taxes (6 mo): 717.00
  • FILLTAXID: 4010001300

MLS Schools

  • Elementary School: Ferrum
  • HighSchool: Franklin County
  • Middle School: Ben Franklin Middle

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $717 $166,700 $19,900 $146,800
2023 $867 $142,200 $19,900 $122,300
2022 $1,613 $264,500 $19,900 $244,600
2021 $1,614 $264,600 $20,000 $244,600
2020 $1,614 $264,600 $20,000 $244,600
2019 $1,316 $215,700 $20,000 $195,700
2018 $1,316 $215,700 $20,000 $195,700
2017 $1,186 $218,200 $20,000 $198,200
2016 $1,186 $218,200 $20,000 $198,200
2015 -- $218,200 $20,000 $198,200
2014 -- $218,200 $20,000 $198,200
2013 -- $218,200 $20,000 $198,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2025 03/06/25 For Sale $195,000 -- --
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 914923

Roanoke Valley Association of REALTORS®

APN: 4010001300