3 Lots Starry Nights Dr

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3 Lots Starry Nights Dr

Fancy Gap, VA 24328
Asking Price
$75K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • Commercial land asset comprising 3.572 acres of total area.
  • Located along Starry Nights Drive in Fancy Gap, Virginia.
  • Marketed for sale with an asking price of $75,000.
  • Property coordinates are positioned at 36.6385, -80.6726.
  • Strategically situated within the scenic Blue Ridge Mountains region.

What's Special

Development of this 3.572-acre commercial land parcel in Fancy Gap, Virginia, provides a strategic entry into a region known for its mountain terrain and scenic appeal. Situated along Starry Nights Drive, the property benefits from the rural yet accessible nature of the Blue Ridge Mountains, a corridor that attracts significant seasonal tourism and outdoor enthusiasts. Investors and developers might evaluate this site for commercial ventures that complement the local landscape, such as hospitality projects, small-scale retail, or other service-oriented businesses serving visitors passing through the highlands. The site offers ample space for various site plans, allowing for functional design in a market that remains a gateway to regional recreational destinations. Given its location within Carroll County, the parcel serves as an opportunity for those looking to establish a presence in a growing mountain community with proximity to the Blue Ridge Parkway. Prospective buyers should conduct their due diligence regarding topography and specific regional zoning requirements to confirm alignment with planned commercial operations.

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NOI
$80,000
Cap Rate
106.67%
DSCR
17.97
Strong
Cash-on-Cash
335.77%
Monthly Payment
$371.059
Annual Cash Flow
$75,547.291

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