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Anderson Hwy
Cumberland, VA 23040
Asking Price
$252K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 55.9 acres <ul><li>Excellent land investment opportunity located just east of the Cumberland Courthouse with frontage along Anderson Hwy (US60) and Maxeys Mill Rd (CR646)</li><li>Zoned R2 and comprised of 43.8+/- acs which will be replanted this year with the remaining 12+/- ac balance in mixed bottomland hardwoods</li><li>The property lays well and has Maxey Creek as its eastern boundary</li><li>Productive wildlife habitat as well</li><li>Cumberland County Tax Parcel #51-A-7 (part)</li><li>Contact b
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NOI
$80,000
Cap Rate
31.80%
DSCR
5.36
Strong
Cash-on-Cash
86.20%
Monthly Payment
$1,244.755
Annual Cash Flow
$65,062.943
