TBD Reed Creek Mill Road

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TBD Reed Creek Mill Road

Wytheville, VA 24382
Asking Price
$365K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The site encompasses 34.224 acres of commercially zoned land.
  • This parcel is currently listed for sale at $365,000.
  • The property is situated along Reed Creek Mill Road in Wytheville.
  • Southwestern Virginia provides a strategic logistics and commercial corridor.
  • The land supports industrial, retail, or mixed-use project development.

What's Special

Development of this 34.224-acre tract of commercial land provides a strategic expansion point within Wytheville, Virginia. Situated near Reed Creek Mill Road, the parcel serves as a viable foundation for industrial, retail, or mixed-use commercial projects aiming to leverage the connectivity of this southwestern Virginia hub. The region remains a vital corridor for logistics and commerce due to the intersection of major regional transit routes. The generous acreage allows for site designs that accommodate substantial facility footprints or multi-phase infrastructure expansion. Developers and investors will find this tract positioned to serve both the local population and the broader economic activity characteristic of the Wytheville submarket. The surrounding landscape supports diverse operational needs, from distribution centers to integrated commercial complexes. Prospective buyers should evaluate the geography against current regional zoning and infrastructure requirements to maximize the utility of the site for long-term growth.

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NOI
$80,000
Cap Rate
21.92%
DSCR
3.69
Strong
Cash-on-Cash
53.27%
Monthly Payment
$1,805.821
Annual Cash Flow
$58,330.15

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