Seminole Ridge
Vacant Land
for Sale
Sale Pending/Contingent
| Catylist Listing ID: |
30371071 |
| Property Subtypes: |
Multi-Family
|
| Status: |
Pending/Contingent |
| Gross Land Area: |
8.19 Acres
|
| Sale Price: |
$575,000 |
| Unit Price: |
$70,207 Per Acre |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/5/2021 |
Overview / Comments
|
GREAT COMMERCIAL OPPORTUNITY - Seminole Ridge on Route US 29 south in Madison County. This is an exceptionally well located R-3 residential land parcel that is served by public water and sewer on site. A developed plan has been approved that will allow for a 65 unit unrestricted Multi-Family Option project. Adjoining Madison Plaza Food Lion Center, The Town of Madison and across US 29 from the High School. VDOT traffic count 25,000+- vehicle trips per day.
|
Additional Details
| Nearest MSA: |
Charlottesville |
| County: |
Madison |
| Tax ID/APN: |
48 22 |
| Zoning: |
R-3 |
| Property Located Between: |
On Route US 29 south |
| Property Visibility: |
Excellent |
| Legal Description: |
Parcel Y, Tax Map 48, Parcel 13-J, containing 8.194+- acres |
| Traffic/Vehicle Count: |
25,000 |
| Highway Access: |
Route 29 South |
| Available Utilities: |
Electric, Water, Sewer |
| Water Service: |
Other |
| Sewer Type: |
Other |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,292 |
2,292 |
7,163 |
| Median Age: |
43.22 |
43.22 |
45.14 |
| Households: |
874 |
874 |
2,790 |
|
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Charlottesville Area Association of REALTORS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|
