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Abilene Rd
Charlotte, VA 23923
Asking Price
$2.40M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 769.6 acres <ul><li>Excellent large-acreage long-term timberland/recreational investment fronting more 1.9 miles along Abilene Rd (CR604) in Charlotte County</li><li>Timber is comprised of 12.5+/-acs of planted pines (‘71),163+/-acs of planted pine (‘13), 173+/-acs of planted pines (‘25), 284+/-acs (prescribed burn) scheduled to be planted in ‘26 with the remaining balance in hardwood bottoms</li><li>Property lays well, has good soils and offers extremely productive wildlife habitat with Roanoke Creek as
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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686
