US-220/US-58 Greensboro Rd

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US-220/US-58 Greensboro Rd

Martinsville, VA 24112
Asking Price
$1.80M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 17.77 acres <ul><li>​17.77 acre lot perfect for industrial site, retail development, outparcel & medical</li><li>​Current Zoning B-1 Commercial and Industrial</li><li>​Flat and mostly graded allowing for quick construction turnaround</li><li>​Located on Greensboro Road at corner of Joseph Martin Highway</li><li>​Excellent access to major highways (US 220/58 Bypass) and proximity to the famous Martinsville Speedway</li><li>​Located in Henry County</li><li>​Near Major Industrial Parks</li><li>​Busy Intersecti

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

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