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3207 & 3215 N Arthur Ashe Blvd - Prime Diamond District Development Site 4.05 Acres of Commercial Land Offered at $11,900,000 in Richmond, VA 23230
Investment Highlights
- City and community are in favor of a multifamily development.
- New VCU Athletic Village and New Baseball Stadium under construction.
- Minutes away from breweries, restaurants, and more! Live, work, and play in the hottest area in the Richmond Market.
- At the I-64 Exit to The Diamond District and Historic Scott's Addition (Exit 78).
- The Diamond District will include a 180-room hotel, 1,100 multi-family units, offices, and 58,000 SF of retail space.
- I-64 VPD = 160,000 & N. Arthur Ashe Blvd = 24,000 VPD.
Executive Summary
Prime Development Site on N. Arthur Ashe Blvd, near The Diamond District Redevelopment site and VCU Athletic Village!
TOD-1 Zoning is anticipated.
TOD-1 Zoning is anticipated.
Property Facts
| Price | $11,900,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.05 AC |
| Property Type | Land | ||
| Zoning | Multiple Z | ||
| Price | $11,900,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 4.05 AC |
| Zoning | Multiple Z |
1 Lot Available
Lot
| Price | $11,900,000 | Lot Size | 4.05 AC |
| Price Per AC | $2,938,271.60 |
| Price | $11,900,000 |
| Price Per AC | $2,938,271.60 |
| Lot Size | 4.05 AC |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,466,000 | |
| Land Assessment | $4,475,000 | Total Assessment | $5,941,000 |
Property Taxes
Parcel Numbers
Land Assessment
$4,475,000
Improvements Assessment
$1,466,000
Total Assessment
$5,941,000
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3207 & 3215 N Arthur Ashe Blvd - Prime Diamond District Development Site
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