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3740 Charles City Rd 28 Acres of Agricultural Land in Richmond, VA 23231
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
|
| 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 |
| 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.
Property Taxes
| Parcel Number | 827-702-8810 | Improvements Assessment | $254,200 |
| Land Assessment | $130,400 | Total Assessment | $384,600 |
Property Taxes
Contact
-
Linda Terry -
Tranzon Key
Presented by
3740 Charles City Rd
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