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Tbd Stuarts Draft Hwy Stuarts Draft, VA 24477

Sponsored
For Sale
$3,000,000

19 Acres, Multifamily Potential, High Traffic

Description

Added:
Dec 11, 2024
Days on Market:
393
This exceptional 19.04-acre commercial and residential land parcel presents a unique investment opportunity in Stuarts Draft, Virginia (zip code 24477). Located on TBD Stuarts Draft Highway, this property boasts a prime location with high visibility and accessibility, experiencing over 13,000 vehicles daily. A potential access point off Route 340 adds to its strategic advantage. The permitted zoning allows for multifamily development, and a conceptual site plan (not yet approved) suggests a high-density project with the possibility of four-story buildings. Alternatively, the acreage is well-suited for townhouse or condominium construction. The asking price is $3,000,000. The site's proximity to amenities is a significant draw, with easy walking distance to urgent care facilities, a Food Lion grocery store, various restaurants, and a new Starbucks. While the current site plan is conceptual, it incorporates potential water management solutions, directing flow to a county pond on an adjacent property. This property offers developers a chance to create a thriving community in a highly desirable location. Serious inquiries only.

Property Features for 0 Tbd Stuarts Draft Hwy

General Information

Property type
Land
Lot Size
829,382 SF

HighLights

  • Preliminary site plan shows potential water drainage to adjacent county pond.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Stuarts Draft
County
Augusta
State
Virginia
Longitude
-79.037692373061
Latitude
38.036884455682

FAQs

What type of property is this?
Land - 19 Acres, Multifamily Potential, High Traffic
Where is this land located?
The property is located at Tbd Stuarts Draft Hwy Stuarts Draft, VA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Preliminary site plan shows potential water drainage to adjacent county pond.; ;
More about this property
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