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TBD Pea Landing Rd NW
Ash, NC 28420
Asking Price
$265K
Asset Type
Agricultural Land
Class
Class B
What's Special
Over 1200FT of Road Frontage with Flexible Neighborhood Commercial Zoning <p>-2.66 Acre Corner Lot</p><p>-Over 1200FT of total road frontage from Pea Landing Road & Hwy 904</p><p>-Within a mile of several approved developments, with thousands of homes coming</p><p>-Minutes away from the popular beach areas of Calabash, Sunset Beach, and Ocean Isle Beach</p><p>-Sewer connection will be available by the end of the year, as the Longwood Road Sewer Project nears completion</p><p>-NC-CO Neighborhood Commercial Zoning is extremely flexible to the needs of the nearby communi
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NOI
$80,000
Cap Rate
30.19%
DSCR
5.08
Strong
Cash-on-Cash
80.84%
Monthly Payment
$1,311.075
Annual Cash Flow
$64,267.095