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510 S 14th St - Mayo Bridge Redevelopment Opportunity 0.25 Acres of Commercial Land Offered at $842,000 in Richmond, VA 23219



INVESTMENT HIGHLIGHTS
- Opportunity Zone Redevelopment
- Positioned between Manchester and Downtown Richmond
- 137' Frontage on Mayo Brige at Mayo Island Park
- Access to Mass-Transit, Amtrak, I-64
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $842,000 | Proposed Use | Mixed Use |
| Sale Type | Investment or Owner User | Total Lot Size | 0.25 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | M1 - Opportunity Zone, currently classified M-1 for light industrial uses, such as entertainment, recreational, exhibit space, drive-in and outdoor theatre | ||
| Price | $842,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.25 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1 - Opportunity Zone, currently classified M-1 for light industrial uses, such as entertainment, recreational, exhibit space, drive-in and outdoor theatre |
1 LOT AVAILABLE
Lot
| Price | $842,000 | Lot Size | 0.25 AC |
| Price Per AC | $3,368,000.00 |
| Price | $842,000 |
| Price Per AC | $3,368,000.00 |
| Lot Size | 0.25 AC |
Flat, buildable .25 Acre lot with 125' frontage on Mayo Bridge, 79' deep with 70'x42' and 42' wide x 150' deep deeded easements.
DESCRIPTION
137' frontage on Mayo Bridge Opportunity Zone Property, consisting of a 9,643sf paved pad, 1,290 sf, single-story brick building, between Manchester and Downtown Richmond, at the James River and entrance of the newly approved 16-Acre Mayo Island Park,with apr. 36,000 vehicles, dozens of pedestrians and bicyclists daily. This redevelopment opportunity has potential for many uses, connecting to the metro transit system, Va.Capital Bike Trail, James River, walking trails, close to dozens of restaurants, shops, offices and with interstate access in .1 mile, and Amtrak station located .6mi.
PROPERTY TAXES
| Parcel Number | E000-0096-013 | Improvements Assessment | $24,000 |
| Land Assessment | $54,000 | Total Assessment | $78,000 |
PROPERTY TAXES
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510 S 14th St - Mayo Bridge Redevelopment Opportunity
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