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16704 Richmond Hwy
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16704 Richmond Hwy
1 Acre of Commercial Land Offered at $1,113,805 CAD in Dumfries, VA 22026
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EXECUTIVE SUMMARY
This 1.0 acre parcel is well located along the U.S. Rt 1 corridor, close to Commercial and Residential concentrations in eastern Prince Willian County between Dumfries and Woodbridge. The Market area is an established , density populated area (30,000 within 3 miles) with a good traffic count, and experiencing redevelopment and population growth. The site is rectangular in shape, wooded, with a gradual slope with 140 feet on Richmond Hwy. Access is right-in, right out for south bound traffic, but good visibility/exposure along Richmond Hwy. One of the owners currently lives in an older home on the property but will vacate at closing. Home may provide an interim use as a rental until the building is razed for a commercial use.
Currently site is served by well & septic, but public water and sewer are available, but not in place (see utility map). Subject is zoned B-1, General Business is intended for regional Commercial and general land uses (See B-1 Zoning) such as retail, office financial and medical uses, restaurant, veterinary hospital etc. Property can be inspected anytime with notice to agent who will inform owner, Interior of home will only be inspected after contract is ratified as part of the study period. Located in front of Mary Williams Elementary , Potomac Middle, and Potomac High Schools.
Currently site is served by well & septic, but public water and sewer are available, but not in place (see utility map). Subject is zoned B-1, General Business is intended for regional Commercial and general land uses (See B-1 Zoning) such as retail, office financial and medical uses, restaurant, veterinary hospital etc. Property can be inspected anytime with notice to agent who will inform owner, Interior of home will only be inspected after contract is ratified as part of the study period. Located in front of Mary Williams Elementary , Potomac Middle, and Potomac High Schools.
PROPERTY FACTS
Price | $1,113,805 CAD | Property Subtype | Commercial |
Sale Type | Investment | Proposed Use | |
No. Lots | 1 | Total Lot Size | 1.00 AC |
Property Type | Land | Opportunity Zone |
Yes
|
Price | $1,113,805 CAD |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 1.00 AC |
Opportunity Zone |
Yes |
1 LOT AVAILABLE
Lot
Price | $1,113,805 CAD | Lot Size | 1.00 AC |
Price Per AC | $1,113,804.96 CAD |
Price | $1,113,805 CAD |
Price Per AC | $1,113,804.96 CAD |
Lot Size | 1.00 AC |
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PROPERTY TAXES
Parcel Number | 8290-40-7646 | Improvements Assessment | $24,590 CAD |
Land Assessment | $737,281 CAD | Total Assessment | $761,872 CAD |
PROPERTY TAXES
Parcel Number
8290-40-7646
Land Assessment
$737,281 CAD
Improvements Assessment
$24,590 CAD
Total Assessment
$761,872 CAD
ZONING
Zoning Code | B-1 (General Business) |
B-1 (General Business) |
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16704 Richmond Hwy
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