<ARTICLE> 5 <CIK> 0000012779 <NAME> BLUE RIDGE REAL ESTATE CO <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> MAR-31-2000 <PERIOD-START> APR-01-1999 <PERIOD-END> MAR-31-2000 <CASH> 2,553,510 <SECURITIES> 0 <RECEIVABLES> 448,838 <ALLOWANCES> 0 <INVENTORY> 213,215 <CURRENT-ASSETS> 3,835,847 <PP&E> 53,894,805 <DEPRECIATION> 33,774,181 <TOTAL-ASSETS> 23,956,471 <CURRENT-LIABILITIES> 2,963,832 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 1,947,358 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 23,956,471 <SALES> 18,886,919 <TOTAL-REVENUES> 18,886,919 <CGS> 0 <TOTAL-COSTS> 17,955,281 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 732,201 <INCOME-PRETAX> 819,640 <INCOME-TAX> 339,000 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 480,640 <EPS-BASIC> .24 <EPS-DILUTED> .24