1618 Squirrel Creek Road

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1618 Squirrel Creek Road

Ararat, VA 24053
Asking Price
$499K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Parcel covers 92.79 acres of land in Ararat
  • Commercial land listing offered at 499000 dollars
  • Property is situated in the state of Virginia
  • Site supports diverse potential for commercial land use
  • Asset is located at 1618 Squirrel Creek Road

What's Special

This commercial land offering spans 92.79 acres in Ararat, Virginia. The expansive site provides a versatile canvas for prospective buyers interested in agricultural development, recreational ventures, or large-scale private investment projects. Situated within the scenic landscapes of the Blue Ridge Mountains region, this property benefits from the natural appeal and accessibility of the area for potential long-term commercial growth. The terrain at 1618 Squirrel Creek Road allows for diverse site configurations, making it a viable candidate for various commercial land uses depending on buyer requirements. Local development in this part of Patrick County continues to draw interest from those seeking significant acreage in a quiet, rural setting while remaining within reach of regional corridors. Interested investors and developers should conduct their own due diligence to determine how this parcel aligns with their specific operational goals or future expansion strategies.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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