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67 Mountaineer Ln - South Park Centre

2.83 - 3.24 Acre Commercial Land Lots Offered at $312,000 - $411,500 Per Lot in Madison, VA 22727

Investment Highlights

  • General business zoning allows for anything commercial to be built on the land
  • 2.83 acres for sale

Executive Summary

Phase I of the development is four parcels. The entire project will have a total of eight + parcels. Madison County has provided all approvals for development and sale. Each parcel will be served by a road developed to VDOT specification, septic, public water and underground electric. Road and utility work is scheduled to be completed in early May 2020.

Property Facts

Price $312,000 - $723,500
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use Commercial
Total Lot Size 6.07 AC

2 Lots Available

Lot C

Price $411,500
Price Per AC $127,006
Lot Size 3.24 AC

2.83 acres for sale

Lot D

Price $312,000
Price Per AC $110,247
Lot Size 2.83 AC

2.83 acres for sale

Description

Exceptionally well located land parcels with public utilities available. A development plan is in process that will allow for a business park with future uses including restaurants, office/retail space and hotel. Current plans will split the land into four subdivisions to be built in phases. The property is located at a traffic light across US 29 from Madison County High School.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-13I
Land Assessment
$764,000
Improvements Assessment
$0
Total Assessment
$764,000

zoning

Zoning Code B-1 (Business)
B-1 (Business)
  • Listing ID: 16323565

  • Date on Market: 6/12/2019

  • Last Updated:

  • Address: 67 Mountaineer Ln, Madison, VA 22727

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