Maryland Ave Emporia, VA 23847
- Land
- 7.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 Maryland Ave
- Lot size
- 7.90 lot acres
- Property type
- Land
Description
This exceptional 7.9-acre parcel in Emporia, Virginia, presents a unique investment opportunity. Zoned R-3 Multifamily, it allows for diverse development concepts, ranging from single-family homes to multi-family apartment complexes. The property is conveniently located near the crossroads of major transportation arteries, offering quick access to I-95 and Route 58, ensuring excellent connectivity. Utilities are readily available, simplifying the development process. The land comprises two parcels, 1.1 acres and 6.7 acres, which could be sold separately, providing flexibility for potential buyers. The city of Emporia actively encourages residential development, including workforce housing initiatives, creating a supportive environment for this project. The pricing is adaptable and will be determined based on the chosen development concept, density, and closing arrangements. This prime location and flexible zoning make this a highly attractive proposition for developers seeking a viable and promising investment in a growing community. The site's potential caters to a wide range of development visions, making it an ideal opportunity for those seeking to capitalize on the demand for housing in this area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Emporia
- County
- Emporia City
- State
- Virginia
- Longitude
- -77.5465
- Latitude
- 36.6985
