Next to Food Lion Shopping Center Lake Monticello

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30705533
Property Subtypes: Agricultural, Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Status: Pending/Contingent
Gross Land Area: 6.35 Acres
Sale Price: $239,000
Unit Price: $37,637 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2021

Overview / Comments

6.35 acres shares a long boundary with the Food Lion Shopping Center and UVA Credit Union at Lake Monticello, in Palmyra, VA. This opportunity should be an easy conversion to R-3 or Commercial Zoning. 200+ ft of Road frontage on Rt 53, Thomas Jefferson Pkwy. Level to gently rolling, lightly wooded parcel with power and possible access to Aqua Va System for water service or well and septic.
Great set up for Commercial Business at Lake Monticello, multi housing concepts or home based commercial business with residential component on site.
Location, convenience, opportunity = Great Potential with this Investment.

Additional Details

Nearest MSA: Charlottesville
County: Fluvanna
Tax ID/APN: 17 15 A2
Zoning: AGRICULTURE - EASY TO CHANGE TO R-3 OR COMMERCIAL
Property Visibility: Excellent
Legal Description: TM 17-2-2, containing 6.35 acres, Cunningham District, Palmyra, VA
Largest Nearby Street: Fronts on Rt 53, Thomas Jefferson Pkwy
Feet of Frontage: 209
Highway Access: Frontage
Airports: CHO
Site Description: Property is level to mostly level topography
Area Description: Residential - 4000+ homes in the immediate area
Lot Frontage: 209 ft
Lot Depth: 1441 ft
Zoning Description: A-1
Topography: Level
Easements: Utilities
Available Utilities: Electric, Water, Sewer, Cable, Internet Access
Water Service: Municipal, Well
Sewer Type: Municipal, Septic

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,328 9,341 19,402
Median Age: 40.25 42.11 41.35
Households: 900 3,671 7,022
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