103 Phillip Place # 3

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103 Phillip Place # 3

Shady Spring, WV 25832
Asking Price
$20K
Asset Type
Commercial Land
Class
Class B

AI Property Summary

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

  • The site consists of 0.41 acres of commercial land.
  • Located at 103 Phillip Place in Shady Spring, West Virginia.
  • The property is currently listed for sale at $20,000.
  • This parcel offers potential for various commercial business developments.
  • The asset provides a strategic location within Raleigh County.

What's Special

Shady Spring serves as a growing residential and commercial corridor within Raleigh County, West Virginia. This commercial land parcel, spanning 0.41 acres, occupies a strategic position for development at 103 Phillip Place. The site provides a flexible canvas for various commercial project implementations suitable for the local market landscape. Access to nearby regional thoroughfares supports connectivity for potential businesses looking to establish a footprint in this part of the state. Investors and developers can evaluate this lot for projects ranging from professional services to small-scale retail operations. Given the size and zoning classification as commercial land, the property functions as an entry point for those seeking to build in a steady regional economy. The manageable footprint allows for straightforward site planning and development coordination, making it a functional addition to a commercial portfolio in the Shady Spring submarket.

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NOI
$80,000
Cap Rate
400.00%
DSCR
67.37
Strong
Cash-on-Cash
1313.54%
Monthly Payment
$98.949
Annual Cash Flow
$78,812.611

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