4.83 Ac Old Stage Road

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4.83 Ac Old Stage Road

Wytheville, VA 24382
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 4.83-acre land tract is zoned for commercial development purposes
  • Located on Old Stage Road in the city of Wytheville
  • The property provides significant acreage for diverse commercial business use
  • Wytheville serves as a strategic crossroads in Southwest Virginia
  • Site offers potential for investors seeking regional commercial expansion opportunities

What's Special

Development of this 4.83-acre commercial land parcel on Old Stage Road provides a strategic entry into the Wytheville market. Positioned within a key regional hub of Southwest Virginia, the site benefits from the area's established connectivity and proximity to major interstate corridors that facilitate commerce throughout the mountain region. The topography and site size accommodate various commercial use cases, potentially supporting retail centers, service-oriented facilities, or distribution hubs tailored to local market demand. Investors and business owners looking for a foothold in this growing Virginia municipality will find the acreage suitable for long-term project planning. The property location leverages the steady economic character of the region, serving as a gateway for traffic moving through the intersection of regional highways. Future occupants will benefit from the accessibility afforded by the site position, making it a functional choice for commercial enterprise development in a well-trafficked corridor.

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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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