1404 West Lee Highway

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1404 West Lee Highway

Chilhowie, VA 24319
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Parcel covers a total land area of 0.27 acres.
  • Located directly on West Lee Highway in Chilhowie, Virginia.
  • Property is currently designated for commercial development use.
  • Positioned within the accessible landscape of Southwest Virginia.
  • Strategic location offers visibility for future commercial enterprise.

What's Special

This commercial land spans 0.27 acres along West Lee Highway in Chilhowie, Virginia. Situated within a region known for its mountainous geography and accessible transport corridors, this parcel provides a strategic footprint for businesses looking to establish a presence in Southwest Virginia. The location maintains direct frontage, supporting visibility for potential commercial development near local transit routes. The site geometry and current zoning designations support a variety of commercial use cases, potentially including professional services, specialized retail, or small-scale office facilities. Investors and developers will find the parcel well-positioned for projects requiring proximity to regional traffic arteries that connect the broader Smyth County area. The land serves as a blank canvas for localized business operations seeking a functional site within an established community setting.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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