Dual-Zoned Development Land
For Sale
$190,000
Courthouse Road, Hopewell, VA 23860
LAND - Hopewell, VA
Property SizeContact for details
Lot Size0.45 Acres
Days on Market128
Property Features for Courthouse Road
General Information
Property type
Land
Property subtype
Other
Zoning description
R4
Elementary school
Harry James
Middle school
Carter G. Woodson
High school
Hopewell
Subdivision
56 - Hopewell
Standard status
Active
APN
106-0615
Lot size
0.45 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
.419 ACRES BAILEY'S CREEK SUBDIVISION: MISCELLANEOUS ACREAGE
Tax Annual Amount
187
Legal Description
.419 ACRES BAILEY'S CREEK SUBDIVISION: MISCELLANEOUS ACREAGE
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
EXP Realty, LLC
(804) 729-5188
Listed By:
Lavonya Payne · License #0225261621
(757) 593-6059
Added: Apr 7
Changed: Jun 26
Last Checked: Aug 12 at 1:06AM
MLS# 2608659
Copyright © 2026 Central Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale land parcel totals approximately 0.45 acres and is dual-zoned R4 and B3, supporting both multifamily residential and commercial development possibilities. Eight-plex architectural plans are included with the sale, offering a defined starting point for an upfit concept. Utilities are located at the street, which can simplify planning for site servicing and development timelines.
The property is situated on Courthouse Road in Hopewell, VA. Public remarks indicate VDOT has active pedestrian improvements planned for this corridor, suggesting ongoing roadway-area investment that may enhance pedestrian access and overall corridor livability.
For developers, the combination of dual zoning and included eight-plex plans can streamline early design work for a multifamily project within an R4 framework, while the B3 designation provides the option to evaluate compatible commercial uses. With utilities already at the street, prospective buyers can review feasibility for site preparation and permitting based on the included plan set and the intended use consistent with zoning requirements.
The property is situated on Courthouse Road in Hopewell, VA. Public remarks indicate VDOT has active pedestrian improvements planned for this corridor, suggesting ongoing roadway-area investment that may enhance pedestrian access and overall corridor livability.
For developers, the combination of dual zoning and included eight-plex plans can streamline early design work for a multifamily project within an R4 framework, while the B3 designation provides the option to evaluate compatible commercial uses. With utilities already at the street, prospective buyers can review feasibility for site preparation and permitting based on the included plan set and the intended use consistent with zoning requirements.
Key Highlights
- Dual zoning (R4 and B3) allows for both multifamily residential and commercial development.
- Includes architectural plans for an eight‑plex.
- Utilities are available at the street.
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
208
Businesses Nearby
Explore this area
Business Placement
Demographics for 23860, VA
32,139
Population
12,254
Households
2.6
Avg Household Size
39
Median Age
14%
College-Educated
87%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$55,104
Median Household Income
$36,663
Median Earnings
$1,103
Median Rent
$187,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Dual-zoned parcel with utilities at the street and included eight-plex architectural plans for multifamily and commercial development.
Where is this residential land & home lot located?
The property is located at Courthouse Road Hopewell, VA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Dual zoning (R4 and B3) allows for both multifamily residential and commercial development.; Includes architectural plans for an eight‑plex.; Utilities are available at the street.
