TBD Mitchells Mill

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TBD Mitchells Mill

Claudville, VA 24076
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land offering 9.7 acres of developable space in Claudville.
  • Located in Patrick County near the Mitchells Mill area.
  • The site serves as a versatile parcel for commercial development.
  • Property dimensions support diverse light industrial or storage site plans.
  • Well-positioned to leverage regional connectivity within rural Virginia markets.

What's Special

This commercial land spans 9.7 acres in Claudville, Virginia. Situated near Mitchells Mill, the site provides substantial acreage for various development initiatives within this growing rural submarket. The topography and size accommodate potential uses ranging from light industrial or storage facilities to specialized commercial trade operations that require significant ground space. Regional access points connect the property to surrounding Patrick County hubs, supporting logistical connectivity for businesses operating in the area. Investors and developers have a blank canvas to execute a site plan tailored to current market demands in this section of Virginia. Local businesses benefit from the steady pace of the regional economy, which has long been anchored by forestry, agriculture, and small-scale manufacturing. With nearly ten acres available, the parcel serves as a functional foundation for new construction or expansion projects looking for a footprint in this quiet yet accessible part of the state.

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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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