x
Address
Not Disclosed Henrico, VA
Price
$ 575,000
Property Attributes
  • MLS#1915752
  • TypeCommercial
  • CountyHENRICO
  • CityHenrico
  • Area32 - Henrico
  • Zip23228
  • Style
  • Price$ 575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5.7 Acres
Listing Provided Courtesy Of:
Thomas E Rosman with One South Realty Group, LLC.
Property Description

1601 Darracott Road is well-situated as a large, 5.7 acre parcel for an investor looking to for an opportunity to capitalize on the burgeoning residential market in Henrico County. The site is currently accessed from an unimproved portion of Darracott Road that begins less than 500 feet from the intersection of E Parham Rd and Villa Park Dr. The relatively flat parcel is improved by a two-story brick residence constructed in 1942 that is currently vacant. Under the current A-1 (Agriculture) zoning regulations, the property can be developed with up to five residential units based on the parcel size. Alternatively, a potential rezoning of the property to R-5 (General Residence) would permit approximately 50 or more townhomes to be developed. Such a project would be similar in design and density to the existing Townes at Stonewall Manor development by Stylecraft Homes on the adjacent property to the north. Whether developed as single-family or multifamily, 1601 Darracott Rd's location in Western Henrico County and its proximity to Downtown Richmond makes it ideally suited to serve this growing housing demand.

Price History
5/14/2019 Listed $575,000

General Features

MLS Area 32 - Henrico
Property Type Commercial Sale
Zoning Description A-1

Exterior Features

Lot Size Acres 5.7

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 23228

Price
AVG $420K
$580K
Visits
AVG 63
29
Year Built
AVG 1931
1942

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