8 5Th StChase City, VA 23924

Property Details for 8 5Th St

Lot size

0.12 AC

Zone code

B2

Property type

Mixed-use properties

Property subtype

Other industrial properties

APN

033A05-02-035-004A

APU

033A0502035004A

Description

This exceptional investment opportunity presents a turnkey recycling business located at 8 West Fifth Street, Chase City, VA 23924, in Mecklenburg County. The property encompasses a 2,584 square foot retail space situated on a one-acre lot. This established business offers a seamless transition to new ownership, including a comprehensive inventory of finished products and raw materials, ensuring immediate production capacity. A well-maintained fleet of rolling stock facilitates efficient material transport and delivery, optimizing operational efficiency. A detailed asset list is available, providing complete transparency of the operation's scope and value. The business boasts a strong network of reliable suppliers and loyal customers, guaranteeing consistent revenue from day one. Streamlined processes and established relationships contribute to the profitability and growth potential of this venture. Its strategic location in Chase City, VA offers easy access to key markets and transportation routes, making this an attractive opportunity for both industry veterans and newcomers seeking immediate income generation and significant growth potential. The asking price for this exceptional opportunity is $200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $973,086

  6.5%

  $898,233

  7%

  $834,073

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,867,882

  Geo Method

  $1,867,882

• Alternative Use

  Use

  Valuation

  Residential

  $898,233

  Hospitality

  $822,776

  Educational

  $684,540

  Medical

  $708,083

  Retail

  $1,064,841

Location Insight

City

Chase City

County

Mecklenburg

State

Virginia

Latitude

36.8022

Longitude

-78.4624

Property Tax & Assessments

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