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Old Stage Hwy
Smithfield, VA 23430
Asking Price
$1.35M
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 91.2 acres <ul><li>First Offering of gorgeous waterfront property with sizeable acreage</li><li>Magnificent elevated homesite overlooking James River</li><li>Mix of hardwoods and property descent towards water provide privacy</li><li>Road leading to water recently had significant work done to increase longevity and function</li><li>Roughly 45 acres of cropland with the remainder being hardwoods and waterfront beach</li><li>Property supports various wildlife including deer, turkey, ducks, and others</
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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.04%
Monthly Payment
$6,679.063
Annual Cash Flow
$-148.761
