Property summary
This exceptional 22-acre parcel in Chase City, Virginia, presents a unique investment opportunity. Currently zoned for an engineered townhouse subdivision with a planned 181 lots, this property offers a compelling prospect for residential development. Its location in Chase City aligns perfectly with the town's ongoing economic growth, fueled by the influx of data centers, storage facilities, and other commercial enterprises. The development plan facilitates phased construction, enabling a swift commencement of building operations. This strategic positioning ensures strong potential for a quick return on investment. The property's current pricing also makes it suitable for alternative uses, providing flexibility for discerning investors. Conveniently situated adjacent to 403 South Main Street, the land boasts readily available access. The site's potential extends beyond residential development, offering a versatile platform for various projects. Detailed plans for the 181-lot townhouse subdivision are available upon request. This is an exceptional opportunity to capitalize on the burgeoning growth of Chase City, Virginia, and secure a prime piece of real estate in a thriving market. The property is located in Mecklenburg County, Virginia, with a zip code of 23924. The address is listed as S Main St, Chase City, VA.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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