1114 Marshall St, Richmond, VA 23220
This exceptional residential building lot presents a unique opportunity to build a single-family home or a duplex in a highly desirable Richmond, Virginia location. Situated at 1114.5 W Marshall St, zip code 23220, this property is ideally located just one mile from Virginia Commonwealth University (VCU), providing convenient access to campus life, and within easy reach of numerous restaurants and businesses. The lot's unique topography offers a one-story below-grade level, perfect for incorporating a basement or parking area, allowing for at least two stories of above-grade living space. The asking price for this remarkable property is $175,000. This presents a compelling investment opportunity in a vibrant and growing area of Richmond. The property is zoned for residential use, offering flexibility in design and development. Given its proximity to VCU and the thriving commercial corridor, this lot is poised for significant appreciation. Don't miss this chance to secure a prime piece of Richmond real estate and create your ideal living space or investment property. The latitude and longitude coordinates are 37.5462274 and -77.4415483 respectively. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.