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1353 Groundhog Mountain Rd
Hillsville, VA 24343
Land For Sale
·
8.00 AC
INVESTMENT HIGHLIGHTS
- Established business; (3) Glamping Domes & their contents, Business name, social media handles, guest reviews including current 5.0 star / 4.8star avg
- Year-Round, 4 Season rental opportunity
- Excellent Location, right off the Blue Ridge Parkway between Hillsville & Fancy Gap Va. Near wineries, local shopping, hiking, golf, & more
EXECUTIVE SUMMARY
Property Standards: Buyer must maintain domes and grounds to current standards.
Insurance: Buyer must carry general liability and property insurance, naming Landowner as additional insured.
Utilities: Buyer pays for all utility services and usage. (Electric)
Quarterly Financials: Buyer must submit income & occupancy reports.
Sale is for the sale of the lease transfer ending on 12/31/27 and all property owned by the business detailed in the below features, dome specifications, and Property Specs. All physical property listed in the “Property Features” section are transportable. The lease expiration date is 12/31/27. Lease terms after 12/31/27 are subject to Landlord and buyer agreements. The domes are relatively easy to move should you choose to move them.
Projected Returns: #'s below based on historical sales in 2023, 2024, 2025, & projected sales in 2026 & 2027, not guarantees. Operators can increase or decrease projections according to level of input.
Annual Projected Revenue: $80,000-$90,000 ($30,000/dome based on 2024 revenue)
Gross Yield: 66.8%
Cap Rate: 29.6%
Cash-on-Cash Return: 96%
Range of Average of Annual Net Operating Income For Remainder of the Lease (NOI): $30,000 - $39,969/yr • Average $3,331/mo
Leveraged Net Cash Flow: $31,046/yr • $2,587/mo
Total Investment: $138,712
Monthly Financing Cost: $744
Average Monthly Expenses: $4,174
Average Monthly Revenue: $7,500
Upfront Equity: $32,332
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Ground Lease (Leased Fee) | Proposed Use | Hospitality |
| No. Lots | 1 | Total Lot Size | 8.00 AC |
| Property Type | Land | ||
| Zoning | None | ||
| Sale Type | Investment |
| Sale Condition | Ground Lease (Leased Fee) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Hospitality |
| Total Lot Size | 8.00 AC |
| Zoning | None |
1 LOT AVAILABLE
Lot
| Price | $135,000 | Lot Size | 8.00 AC |
| Price Per AC | $16,875.00 |
| Price | $135,000 |
| Price Per AC | $16,875.00 |
| Lot Size | 8.00 AC |
Ground lease includes 8 acres of wooded & open area. Sale is for 3 Geo Domes (known as personal property), Established Business including all social media platforms, guest reviews, ect. & business assets. LAND/HOUSE Avbl FOR SALE Separately, $1.25M
DESCRIPTION
Right off THE BLUE RIDGE PARKWAY: 1-bedroom, 1-bathroom multifamily domes offers a blend of comfort and nature, making it an ideal getaway for those seeking a tranquil escape or a lucrative rental. The property features a distinctive geodesic dome design that perfectly complements the lush surroundings. Inside, enjoy an inviting living area with ample natural light, a fully equipped kitchen, and a stylish bathroom. The spacious bedroom offers comfort with a modern aesthetic, while the private workspace provides a perfect spot for remote work. Outside, guests can unwind in the hot tub or host gatherings with the BBQ grill. The patio and backyard, complete with outdoor furniture, provide the perfect space for relaxation or entertainment. Parking is convenient, and pets are welcome, appealing to a broad range of guests. With self check-in, guests can enjoy flexibility and ease of access. Hillsville is renowned for its natural beauty and vibrant community. Nearby, experience the charm of local attractions such as the Blue Ridge Parkway or explore the shops and dining options in the quaint town center. With its growing popularity as a tourist destination, this property offers not only a beautiful retreat but also a promising investment opportunity. Don’t miss the chance to run a business on a piece of Hillsville’s rustic charm and capitalize on the area’s booming tourist appeal. Business Property Features: Parking Allows Pets Workspaces Firepit Grill Self Check-in Fire Pit Hammock Swings Outdoor Furniture Furniture in all 3 (bed, nightstands, a couch, kitchen table, record player and stand, coffee table, clothes rack and hangers, coat hanger, rugs, etc.) Private kitchens and appliances Full bathrooms with shower and vanity HVAC system for year-round comfort 2 of 3 domes feature private Hot Tubs with room for a 3rd Dome Specifications (Per Unit) Diameter: 29.5 ft (9 m) Floor Area: 683 ft² (63.5 m²) Structure Frame: 1 1/4" (32 mm) diameter galvanized steel pipe 5/64" (1.8 mm) thick Anti-corrosion/anti-rust treated Standard finish: white powder coating Cover Membrane: Double PVC-coated polyester 25 oz/yd² (850 g/m²) UV-resistant, fire-retardant, waterproof, mold-resistant Included Structural Features: Solid door frame (fits 36x80" pre-hung exterior door) Transparent panoramic PVC window (2 vertical levels) 15 heavy-duty anchor plates for secure installation Structural report with wind/snow load calculations Engineered deck building guide for platform construction
