TBD South Fork River Road

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TBD South Fork River Road

Glade Spring, VA 24340
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • This commercial land offering encompasses 24 total acres of space.
  • The property sits on South Fork River Road in Glade Spring.
  • Glade Spring is situated within the growing Washington County region.
  • The site supports diverse development potential for various commercial projects.
  • Its location provides access to key regional thoroughfares and corridors.

What's Special

Spanning 24 acres of commercial land, this property on South Fork River Road provides a significant development footprint in Glade Spring, Virginia. The site sits within a region characterized by its rural landscape and access to regional transit corridors, offering a blank slate for various commercial applications. Investors and developers can evaluate this parcel for projects ranging from light industrial facilities to large-scale commercial storage or hospitality ventures depending on local municipality requirements. Its expansive acreage allows for flexible site planning, accommodating potential expansion or phased development strategies. This Southwest Virginia location serves as a strategic point for businesses looking to establish a presence within the mountainous, growing corridor of Washington County. Proximity to major regional roadways facilitates efficient distribution and accessibility, making this a practical acquisition for those seeking land reserves for future commercial operations in a developing submarket.

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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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