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TBD Stuarts Draft Hwy hwy - TBD Stuarts Draft Hwy

19.04 Acres of Commercial Land Offered at $3,000,000 in Stuarts Draft, VA 24477

Commercial Land Virginia Stuarts Draft TBD Stuarts Draft Hwy hwy, Stuarts Draft, VA 24477

Investment Highlights

  • Potential multi-family development features a proposed (but not yet approved) plan.
  • 13,000 cars daily from Stuarts Draft Hwy
  • Chance to build townhouses or condos

Executive Summary

This potential multi-family development features a proposed (but not yet approved) plan for maximum density, which could include 4-story buildings. There is also the chance to build townhouses or condos instead. The location sees over 13,000 cars daily, with a possible entrance off of Route 340. It is conveniently within walking distance of urgent care, Food Lion, several restaurants, and a new Starbucks.

Attachments

2023-11-03 34230051 Highland Drive Apartments - Concept Layout
20 acres, Highland hill1

Property Facts

Price $3,000,000 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Master Planned Community
No. Lots 1 Total Lot Size 19.04 AC
Property Type Land
Price $3,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Master Planned Community
Total Lot Size 19.04 AC

1 Lot Available

Lot

Price $3,000,000 Lot Size 19.04 AC
Price Per AC $157,563
Price $3,000,000
Price Per AC $157,563
Lot Size 19.04 AC

Almost 20 acres of bare multifamily zoned land.

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PROPERTY TAXES

Parcel Numbers
Multiple
  • 075G-2-19
  • 075G-2-20
 Improvements Assessment $0
Land Assessment $655,900 Total Assessment $655,900

PROPERTY TAXES

Parcel Numbers
Multiple
  • 075G-2-19
  • 075G-2-20
Land Assessment
$655,900
Improvements Assessment
$0
Total Assessment
$655,900

zoning

Zoning Code MF (Multifamily zoning)
MF (Multifamily zoning)
(540) 433-2106

Contact

  • Listing ID: 33285981

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: TBD Stuarts Draft Hwy hwy, Stuarts Draft, VA 24477

More public record information on TBD Stuarts Draft Hwy hwy, Stuarts Draft, VA 24477

The Land Property at TBD Stuarts Draft Hwy hwy, Stuarts Draft, VA 24477 is currently available for sale. Contact Old Dominion Realty for more information.

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TBD Stuarts Draft Hwy hwy, Stuarts Draft, VA for sale Primary Photo- Image 1 of 3
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TBD Stuarts Draft Hwy hwy, Stuarts Draft, VA for sale Building Photo- Image 2 of 3
Apartments - Concept Layout

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TBD Stuarts Draft Hwy hwy - TBD Stuarts Draft Hwy
(540) 433-2106 x

TBD Stuarts Draft Hwy hwy - TBD Stuarts Draft Hwy

Charlie Ward

(540) 433-2106

(540) 433-2106

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