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1.63 Acres Lot
$ 2,000,000
Est. payment | /mo
1.63 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2426135
HOA Y/N No
Lot Size 1.634 Acres
Acres 1.634
Property Description
This highly desirable 1.634 acre parcel located in Henrico County’s West End offers a premier development opportunity to bring for sale or for rent product to a submarket with significant consistent housing demand. This prime property is shovel-ready and site approved for up to 20 townhouse lots, making it an ideal investment for either for sale product or a build-to-rent community. Nestled in Western Henrico less than a mile from recently redeveloped retail mall, Regency, this neighborhood is known for easy access to convenient area amenities, national and high end boutique retailers, robust economic growth, strong educational infrastructure, and easy healthcare access, highlighting the potential for stable high yield returns on investment either on a short term or long term basis. The merits of 9214 Quioccasin Road for residential development are manifold. The site plan has already been approved by Henrico County, utility easements recorded, and wetland and stream credits have already been purchased by seller, ensuring a smooth and expedited development process. Located in the heart of Western Henrico, residents will enjoy proximity to recreational facilities, popular large shopping destinations such as Short Pump Town Center or Willow Lawn Shopping Center, and an array of highly reputed dining and entertainment options throughout Western Henrico. The area is also home to beautiful parks and recreational facilities, including Deep Run Park and Recreation Center, providing ample opportunities for outdoor activities and community engagement. Additionally, being qualified as an Opportunity Zone project offers significant tax incentives and economic benefits to forward-thinking investors. With all approvals in place and infrastructure ready, you can immediately begin construction and capitalize on the area’s strong market conditions. Don’t miss this chance to shape the future of one of Henrico’s most sought-after locales while securing a profitable venture.
Location
State VA
County Henrico
Area 22 - Henrico
Others
Tax ID 750-746-3624 & 750-746-3624
Ownership ,Investment
Listed by One South Commercial LLC