rare dam and river side land for sale

Special Purpose for Sale
Catylist Listing ID: 30578857
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 3/3/2020

Overview / Comments

5 acres on the Rapidan River in the beautiful historic village of Rapidan. the parcel contains an 8' dam across the Rapidan river used since to produce mechanical and then electrical power. The replacement cost of this dam is in the millions of dollars. An extremely rare opportunity to purchase the capacity to harness the power of a renewable resource forever. they literally don't make 'em like this anymore! Irreplaceable and priceless.

Additional Details

Nearest MSA: Charlottesville
County: Charlottesville City
Tax ID/APN: 01600000000030
Property Visibility: Excellent
Highway Access: close to 29/15, 522, and 615, 522 centrally located between DC, Richmond, and Charlottesville
Area Description: village of Rapidan Va
Property Condition: Good
Year Built: 1927
Zoning Description: industrial
In Flood Plain?: Yes
Water Service: None
Sewer Type: None
Legal Description: TM 86 lots 6 & 6A

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 3,045 7,756
Median Age: 45.92 42.42
Households: 1,256 2,466

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