4 Building Lots in Belmont

Vacant Land for Sale
Sale Pending
Catylist Listing ID: 30286206
Property Subtypes: Residential (Single Family)
Status: Pending
Gross Land Area: 0.14 - 0.57 Acres
Sale Price: $240,000
Land Splits Available: Yes
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/3/2018

Overview / Comments

Attention Investors and Developers! Don't miss these 4 Residential city lots. There are very few lots left in the city for building. Access is off Green Street through the undeveloped street Palatine Ave, which will need to be built. Great views and setting from this elevated land, which is flat and use-able. City water, sewer available.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Taxing Authority: City of Charlottesville
Tax ID/APN: 590376200, 590376000, 590355000
Property Located Between: Green Street & Palatine Avenue
Property Visibility: Excellent
Legal Description: LOT 5 BK 75 BELMONT, LOT 3 & 4 BK 75 BELMONT LOT 13 BK 69 BELMONT
Largest Nearby Street: Avon Street
Airports: 10 miles
Area Description: Belmont is a late 19th Century neighborhood consisting primarily of two “1890’s era subdivisions, “Belmont” and “Carlton”. The neighborhood serves as a significant entrance to the City from Monticello as it is easily accessible to I-64 by way of Monticello Avenue (Route 20). With its rolling topography and setting, Belmont affords excellent views of both the Downtown and the surrounding mountains.
Zoning Description: R-1(S) ("small lot"), consisting of low-density residential areas characterized by small-lot development.
Topography: Gently Sloping
Soil Type: Mixed
Available Utilities: Electric, Water, Gas, Sewer, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,350 60,174 87,410
Median Age: 33.28 30.23 33.37
Households: 6,153 23,008 34,695


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