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0 E Atlantic St
Emporia, VA 23847
Asking Price
$700K
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 180 acres <ul><li>180 acres of farmland on the outskirts of the City of Emporia.</li><li>Nearly a half mile of frontage on the Meherrin River.</li><li>Strong timberland and cropfields supports healthy populations of deer and turkey.</li><li>Road frontage on East Atlantic Street and Broad Street.</li><li>Roughly 110 acres of Bottomland Hardwoods.</li><li>Tax map parcels #’s 164-9-0-4, 165-A-0-8, 184-A-0-1, 164-A-0-5, 184-A-0-2, 184-A-0-3, 184-A-0-4, 184-A-0-6</li></ul>
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NOI
$80,000
Cap Rate
11.43%
DSCR
1.92
Strong
Cash-on-Cash
18.31%
Monthly Payment
$3,463.218
Annual Cash Flow
$38,441.383
