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- LoopNet Team
1173 Shillelagh Rd
Chesapeake, VA 23323
+/- 122 Acres low res dev land · Land For Sale · 122.00 AC
Investment Highlights
- +/- 122 ACRES RESIDENTIAL DEVELOPMENT LAND
- EXCELLENT DEMOGRAPHICS
- PROXIMATE DOMINION BLVD AND I-64
- HIGHLY SOUGHT-AFTER SUBMARKET
- SURROUNDED BY EXPLODING GROWTH AND DEVELOPMENT
- UNIQUE AND RARE OPPORTUNITY TO ACQUIRE A LARGE DEVELOPMENT PIECE IN A HIGH BARRIERS TO ENTRY SUBMARKET
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 122.00 AC |
| Property Subtype | Residential |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 122.00 AC |
Description
Approximately 120 acres for sale with small right of way parcel extending to Washington Dr. Current owner has no engineering reports available, and any reports needed will be the responsibility of the buyer. City water is located on Scenic Dr. approximately 625 linear feet from the end of the right of way on Washington. The parcels are slated for R15 zoning per the city of Chesapeake's Dominion Corridor Study. Current zoning is Multi and A1. Property boundaries and total acreage will have to be determined via survey conducted as part of the buyer's due diligence. Parcels included are 0580000000052, 0580000000121, 0580000000490. Total acreage is +/-188 reduced by +/-60 acres for conservation and +/-6 acres for seller's home site. Home on the property has no value. Value is strictly in the land. Tax info per city records. Call agent for more details
PROPERTY TAXES
| Parcel Number | 0580000000490 | Improvements Assessment | $25,081 |
| Land Assessment | $581,324 | Total Assessment | $606,405 |
PROPERTY TAXES
zoning
| Zoning Code | MULTI A1 |
| MULTI A1 |
