Listed by LMT Commercial Realty, LLC.
$150,000
6396 Summit Bridge Road
Details
Property Type Land
Sub Type Commercial
Cap Rate 3.2%
NOI $4,800
Tenancy Vacant
Acreage 1.630
Zoning CR
Development Land For Sale
Marketing description
This 1.63 +/- acre development property presents an opportunity to acquire land with existing income and future potential. The property includes an existing billboard lease generating $4,800 in annual rental income, providing immediate cash flow. The cell phone tower lease has been terminated, allowing for greater flexibility and opening the site for development. This opportunity is well-suited for owner-users or developers, with in-place income to offset holding costs during planning and approvals.
Investment highlights
- Existing billboard yearly income: $4,800
- Cell phone tower lease has been terminated allowing for greater flexibility
- Zoning: NCC "CR"
Listing Contacts
Listed by LMT Commercial Realty, LLC.
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$4,800.00
$400.00/mo
Valuation Metrics
0
DSCR
3.2%
Cap Rate
3.2%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Brokerage Address
Is there information that looks off?
