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3740 Charles City Rd 28 Acres of Agricultural Land in Richmond, VA 23231

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INVESTMENT HIGHLIGHTS

Tremendous road frontage, with over 2,000 feet on Beulah Rd and 650+ feet on Charles City Road
According to Henrico County, the house was built in 1910 and contains +/-2,300s/f. It is a value-add opportunity with (4) bedrooms and (3) baths.

Currently zoned agricultural, the Property is master planned by Henrico County for industrial zoning.

PROPERTY FACTS

Sale Type	Investment	Total Lot Size	28.00 AC
No. Lots	1	No. Stories	2
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Agricultural
Zoning	A-1

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Total Lot Size	28.00 AC
No. Stories	2
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	A-1

1 LOT AVAILABLE

Lot

Lot Size	28.00 AC

Lot Size	28.00 AC

DESCRIPTION

Bankruptcy - 28 Acre development parcel with potential rental house! Sited less than a mile to Richmond International Airport and approximately three miles to I-295 and 895/Pocahontas Parkway access, this parcel offers potential near-term rental income plus huge development upside. Three tax parcels sold together. The Backstory: Upon information and belief, the Property may require remediation to comply with certain county regulations. The County has indicated that it will work with a buyer to resolve such issues, which may include regrading the area of fill to a more environmentally friendly 3:1 slope and remediating an approximately 0.1 acre area of wetland in which fill encroached. Additional funds currently held in escrow may be available to help offset such costs.