Lot 49 River Oaks Drive

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Lot 49 River Oaks Drive

Austinville, VA 24312
Asking Price
$49K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The available land parcel encompasses 1.117 acres in total.
  • Property is currently listed for sale at 49499 dollars.
  • This commercial site is located in Austinville, Virginia.
  • The lot is situated at coordinates 36.8169 and -80.9259.
  • The land is designated as a commercial asset sub-type.

What's Special

This commercial land offering at Lot 49 River Oaks Drive in Austinville, Virginia, represents a strategic acquisition for investors or developers seeking a site in this growing regional market. Spanning 1.117 acres, the property provides the necessary footprint for various commercial projects tailored to the needs of the surrounding Carroll County community. Austinville sits within a region known for its steady economic base and accessibility, making this plot a viable candidate for businesses looking to establish a local presence. Whether planning for professional services, retail development, or other commercial use cases, the parcel offers a clean slate for construction. Proximity to local transit routes supports business operations that require regional connectivity. The size and location of this lot allow for diverse planning possibilities, aligning with the commercial expansion trends observed across southwest Virginia.

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NOI
$80,000
Cap Rate
161.62%
DSCR
27.22
Strong
Cash-on-Cash
518.94%
Monthly Payment
$244.894
Annual Cash Flow
$77,061.271

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