6388 Centennial Rd, Blacksburg, Va

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6388 Centennial Rd, Blacksburg, Va

Blacksburg, VA 24060
Asking Price
$130K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Large 13.67-acre parcel located in Blacksburg, Virginia.
  • Property is currently offered for sale at $129,900.
  • Site dimensions support a range of potential development uses.
  • Located within a growing region with institutional economic anchors.
  • The land provides flexibility for long-term residential or commercial planning.

What's Special

This 13.67-acre parcel of land sits in Blacksburg, Virginia, a market deeply influenced by its academic foundation and steady economic growth. The region benefits from consistent population density and proximity to major institutional anchors, creating a stable environment for potential land development. Its geographic position provides a balance between accessible regional transit routes and the quiet character of a Virginia suburban setting. Investors and developers can consider a variety of future uses for this acreage, ranging from residential expansion projects to specialized site development. The layout of the plot offers flexibility for those seeking to acquire land in a growing corridor within the metro area. With the current market focus on site utility and long-term holding potential, this asset provides an option for buyers looking to establish a footprint in this part of the Commonwealth.

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NOI
$80,000
Cap Rate
61.59%
DSCR
10.37
Strong
Cash-on-Cash
185.50%
Monthly Payment
$642.674
Annual Cash Flow
$72,287.908

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