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16209 North Valley Pike
New Market, VA 22844
Asking Price
$2.50M
Asset Type
Auto Shop Retail
Class
Class B
What's Special
PERMITTED SALVAGE YARD | 400+ VEHICLES INCLUDED | I-81 CORRIDOR <ul><li>Permits, licenses, and approvals in place </li><li>10+ acre site</li><li>Approximately 400+/- vehicles included </li><li>Extensive parts inventory </li><li>Prime U.S Route 11 location close to I-81</li><li>Strong logistics and transportation access</li><li>Expansion and value-add potential</li></ul>
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NOI
$80,000
Cap Rate
3.20%
DSCR
0.54
Underwater
Cash-on-Cash
-9.12%
Monthly Payment
$12,368.636
Annual Cash Flow
$-68,423.631