TBD Graybeal Drive

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TBD Graybeal Drive

Castlewood, VA 24224
Asking Price
$48K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel available for sale in Castlewood
  • Total site area encompasses 2 acres of land
  • Current asking price for this property is $48,000
  • Located within the rural Russell County economic market
  • Suitable for retail or diverse commercial business development

What's Special

This commercial land offering in Castlewood, Virginia, represents a straightforward acquisition for investors or business owners seeking a site for development. Spanning 2 acres, the parcel provides sufficient space for a variety of commercial site plans in this Russell County market. The property benefits from the regional economic environment of Southwest Virginia, which is known for its proximity to coalfields and increasing interest in diverse industrial growth and infrastructure connectivity. Prospective buyers might consider the site for retail, storage, or small-scale industrial operations depending on local planning regulations. Its position near main regional transit corridors allows for reasonable access to the surrounding mountain communities. This land serves as a blank canvas for those looking to establish a presence within a growing rural market that balances affordability with operational accessibility. With the asking price set at $48,000, it remains a competitively positioned asset for those seeking to expand their land holdings or initiate a new commercial project in the region.

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NOI
$80,000
Cap Rate
166.67%
DSCR
28.07
Strong
Cash-on-Cash
535.77%
Monthly Payment
$237.478
Annual Cash Flow
$77,150.266

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