TBD Clifton Ridge Rd.

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TBD Clifton Ridge Rd.

Abingdon, VA 24210
Asking Price
$100K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel spans 1.694 acres in Abingdon
  • Current asking price for the site is $99,500
  • Located conveniently off Clifton Ridge Road in Virginia
  • Suitable for retail or professional commercial development projects
  • Strategically positioned within the Washington County business corridor

What's Special

Priced at $99,500, this 1.694-acre commercial land parcel sits on Clifton Ridge Road in Abingdon, Virginia. The property provides a strategic footprint for developers or business owners looking to establish a presence within this growing Washington County market. Abingdon serves as a vital economic hub in Southwest Virginia, benefiting from consistent regional traffic and a steady local customer base drawn to the area for its commerce and community resources. Given the commercial zoning designation, the site presents a versatile range of development possibilities. Potential use cases include retail storefronts, professional office suites, or service-oriented businesses aiming to capture local consumer interest. The parcel dimensions offer sufficient area to accommodate site planning for modern facilities while maintaining accessibility to surrounding infrastructure. Investors and business owners can leverage this location to build custom space tailored to specific operational requirements in a well-positioned submarket.

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NOI
$80,000
Cap Rate
80.40%
DSCR
13.54
Strong
Cash-on-Cash
248.22%
Monthly Payment
$492.272
Annual Cash Flow
$74,092.739

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