1.26 AC Stone Mountain Road

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1.26 AC Stone Mountain Road

Abingdon, VA 24210
Asking Price
$59K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel spanning 1.26 acres for sale
  • Located on Stone Mountain Road in Abingdon Virginia
  • Asset offered at a total price of 59000 dollars
  • Strategically positioned site suitable for various commercial developments
  • Opportunity to acquire land in a regional commercial hub

What's Special

Development of this 1.26-acre commercial land parcel on Stone Mountain Road in Abingdon, Virginia, provides a strategic entry point into a growing regional market. Situated in a corridor characterized by steady accessibility, this site is well-positioned for businesses seeking to establish a footprint within the local commercial landscape. The property dimensions offer sufficient space for various commercial building configurations tailored to current market demands. Abingdon serves as a key hub within Southwest Virginia, known for its historical significance and proximity to major regional thoroughfares. Investors and developers can leverage the location to serve the local population and regional travelers. Given the site configuration, it presents a functional option for professional office space, specialized service facilities, or retail trade. The acquisition of this land allows for the realization of long-term commercial goals in a community that balances tradition with modern economic activity.

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NOI
$80,000
Cap Rate
135.59%
DSCR
22.84
Strong
Cash-on-Cash
432.19%
Monthly Payment
$291.9
Annual Cash Flow
$76,497.202

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