Land for Sale on Rt 250 at Signalized Intersection (Rte 250/240)

Vacant Land for Sale
Catylist Listing ID: 30380262
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 1.73 Acres
Sale Price: $1
Unit Price: $0.58 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/7/2019

Overview / Comments

*This property is Unpriced*
Highly visible 1.73 acre parcel at the signalized intersection of Rt 250/Rt 240. 7,100 vpd. Excellent frontage. Lot sits in middle of heavy residential growth and adjacent/near three Western Albemarle schools. Fantastic demographics related to Household Income ($101,202 within 5 miles / $135,205 within 10 miles) and Average Home Value ($434,002 within 5 miles / $551,772 within 10 miles).
Less than 1 mile to Downtown Crozet, 12 miles to UVA/Charlottesville, 1 mile to I-64.
The surrounding areas lack sufficient commercial offerings to service the ever-growing Crozet community.
Crozet is an affluent bedroom community to Charlottesville and the University of Virginia. Highly sought after school district.
Seller willing to engage buyer throughout a rezoning process.

Attachments & Media

Additional Details

Nearest MSA: Charlottesville
County: Albemarle
Tax ID/APN: 425365906566
Legal Description: 05600-00-00-01600
Traffic/Vehicle Count: 7,100
Highway Access: Approx. 1 miles to I-64 @ Exit 107
Site Description: 1.73 acres at the corner of Rt 250/Rockfish Gap Turnpike and Rt 240/Crozet Ave. Currently R-1 with house in place, would need a rezoning for commercial use. Land immediately east is zoned commercial. Relatively flat topography.
Area Description: In the heart of Crozet. Fantastic site.
Zoning Description: R-1 - would need a rezone for commercial uses
Topography: Level
Available Utilities: Electric, Water, Sewer, Internet Access

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,044 7,024 12,386
Median Age: 38.2 39.32 42.14
Households: 1,866 2,694 4,822


Photograph of Listing Agent

Leigh Hughes

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