5751 Rolling Rd Scottsville, VA 24590
This exceptional 205-acre property presents a unique investment opportunity in Scottsville, Virginia. Located just minutes from Charlottesville and the University of Virginia, this land offers a fully realized development potential for a 67-lot single-family home clustered subdivision. Situated along Rolling Road South in Fluvanna County, adjacent to Southern Albemarle, the property boasts stunning natural features including rolling terrain, pristine large ponds, and breathtaking mountain vistas. The existing approved sketch plan for lot layout and preliminary engineering plans significantly streamline the development process, minimizing upfront costs and delays. Modern infrastructure is already in place, including high-speed fiber-optic connectivity, ensuring future residents enjoy convenient access to essential services and technology. This development opportunity combines the allure of Virginia's picturesque countryside with the promise of substantial returns, making it an ideal investment for discerning buyers seeking a turnkey project with significant upside. The property is part of the larger 744-acre Reventon Farm. The asking price for this remarkable 205-acre parcel is $6,500,000. This represents a compelling opportunity to capitalize on the strong demand for residential properties in this highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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