Property profile

8 5th St Chase City, VA 23924

OFF-MARKET
Industrial properties
Property ID
US87-2438541
0.12 ac lot
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Lot 0.12 ac (5,250 SF)
Zoning code B2
APN 033A05-02-035-004A
UPID US87-2438541

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8 5th St Chase City, VA 23924
Chase City metro Census 930402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$55k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2022
Last sale
$9,000
1 recorded transaction
2022
$9,000

Zoning & alternative use

B2 · Chase City, VA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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