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Payne Tract
1950 Shores Road, Palmyra, VA 22963
Glawson - Payne Tract
N/A
307 AC
Land
Residential (land)
Timberland
49-A-9
A-1, Agricultural
- Electricity/Power
- Telephone
-
Last Verified 12/24/2008
Listing ID 15738805
Highlights
Excellent subdivision development potential- Excellent soils
- Attractive westward views
Description
The Payne Tract is located between Fork Union (6 miles east) and Scottsville (10 miles west). Access to points east and west are relatively convenient as provided by Rt. 6 two miles north of this tract.
The seller is in the process of having a boundary survey and minimal subdivision performed to establish the exact acreage. At minimum 285+/- acres, but likely 307+/- acres, the tax parcel is divided by Rt. 640 (Shores Road), creating similarly-sized parcels on both sides of the road. Both portions are essentially 100% cutover, with bottomland hardwoods (20-25 acres) interspersed along several streams (Rockfish Creek).
The extensive road frontage provides excellent subdivision potential which cannot be found in any other parcel for sale in Fluvanna for less than $3,500 per acre. Logical development scenarios include a by-right rural cluster subdivision (20-30 lots) on the western parcel, and 9-10 estate lots on the eastern parcel.
From Richmond: Rt. 6 to State Rt. 640, then 2 miles south.
Map of 1950 Shores Road, Palmyra, VA 22963 (Fluvanna County)
Created 6/2/2008
Additional Information for Address Not Available, , VA
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P