TBD Jim Brown Hollow Road-Gravel Lick Road

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TBD Jim Brown Hollow Road-Gravel Lick Road

Castlewood, VA 24224
Asking Price
$18K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land parcel totaling 6 acres for sale
  • Located at Jim Brown Hollow Road and Gravel Lick Road
  • Situated in the Castlewood community of Russell County
  • Offered at a competitive list price of 18250 dollars
  • Versatile acreage suitable for varied commercial development projects

What's Special

Development potential defines this 6-acre commercial land parcel positioned near the intersection of Jim Brown Hollow Road and Gravel Lick Road in Castlewood, Virginia. The site offers a strategic footprint for investors or business owners seeking to establish operations within this Russell County corridor. Given its acreage and regional accessibility, the property is suited for various commercial applications that benefit from a rural yet accessible setting. Virginia’s coal-producing region continues to emphasize diverse land use, providing a stable backdrop for long-term real estate holding or site-specific construction projects. The local topography and proximity to regional transit routes support functional planning for those targeting the Southwest Virginia market.

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NOI
$80,000
Cap Rate
438.36%
DSCR
73.84
Strong
Cash-on-Cash
1441.40%
Monthly Payment
$90.291
Annual Cash Flow
$78,916.507

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