65 Mills Gap Road

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65 Mills Gap Road

Fletcher, NC 28732
Asking Price
$350K
Asset Type
Commercial Land
Class
Class B

What's Special

<p>Excellent opportunity for a builder or developer. This M-1 zoned property allows for a wide range of commercial uses and is positioned in a rapidly growing area surrounded by established businesses. The site is level features a gated entrance, has been cleared, and is silt fenced for boundaries. The property is located in a flood zone, sewer line with two sewer manholes are running along side of this property. Power is available on site. Buyers are advised to confirm all zoning details with t

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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