BACK ON MARKET | 700 W 44th St Richmond, VA 23225

$2200000

Development Site
Property Type

6.6 AC
Parcel

Active Listing

About This Property

BACK ON MARKET. NO FAULT OF THE SELLER.

6.6 Acres for Development in Richmond

This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1.

The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on the 6.6 acre parcel. Alternatively, the property could potentially be subdivided into an estimated 35 single-family detached parcels or 65 attached parcels and units.

Additional Information


Walkability


Transit

Parcel ID S0053315011
Zoning Desc. R-48 Multifamily
Co-broker Fee Yes

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