Opportunity Zone Pad Ready Lot

Vacant Land for Sale
Catylist Listing ID: 30257250
Property Subtypes: Multi-Family, Office
Gross Land Area: 1.22 Acres
Sale Price: $1,220,044
Unit Price: $1,000,036 Per Acre
In Opportunity Zone? Yes
Sale Terms: Cash to Seller, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 7/14/2021

Overview / Comments

1.22 acre fully improved lot available for sale or build to suit. The site fronts W Rio Rd.
There is an approved site plan for a 14,400 SF office building with 8 apartments on the third floor for each lot.
Opportunity Zone.

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Tax ID/APN: 487948918986
Zoning: NEIGHBORHOOD MODEL
Property Visibility: Excellent
Highway Access: Frontage and access to W Rio Rd.
Site Description: 1.22 ac sites fully improved with utilities to the lot line, rough graded and storm water plan in place. Lots 1 is part of the 8.6 acre Oakleigh Development.
Zoning Description: Neighborhood Model
Part of Planned Development?: Yes
Development Name: Oakleigh
Topography: Gently Sloping
Easements Description: Easement in place to connect Oakleigh Lot 2 with Berkmar Crossing.
Available Utilities: Electric, Water, Sewer, Storm Drain
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,832 39,194 88,339
Median Age: 37.18 38.12 34.58
Households: 2,032 16,400 34,859

Contact

Photograph of Listing Agent

John O'Connell

O'Connell Realty and Investments LLC
CVCMLS Member
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