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2617
WEST BROAD STREET (FORMER JULIAN'S BUILDING), Call
for pricing
Situated across West Broad Street from the Science Museum
of Virginia and the Children's Museum of Virginia, this
high-profile property is located in a rapidly-changing submarket
which benefits from The Fan and the Boulevard redevelopment.
The VCU campus is located 10 blocks west; the Diamond (former
Richmond Braves stadium) is located 10 blocks north. Inclusion
in an Enterprise Zone will assist with redevelopment.
Property
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PAYNE
TRACT, $1,043,800 ($3,400± per acre)
Located in southwest Fluvanna County (Tax Map 49-A-9) midway
between Fork Union and Scottsville, the 300-acre Payne Tract
is an excellent opportunity to purchase readily-subdividable
acreage at recreation prices. Logical development scenarios
include a by-right rural cluster subdivision (40-60 lots)
on the western parcel, and 9-10 “estate” lots
on the eastern parcel.
Soil
map and key
Timber
map
Location
Map
Topo
map
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FOLKES
TRACT, $1,700,000 ($4,250 - $5,000 per acre)
Located in central Fluvanna County (Tax Map 32-A-9, -18),
4 miles east of Palmyra, the 400-acre Folkes Tract is essentially
100% wooded with 10-15 year old planted pine. The seller
is currently in the process of subdividing the property
into five “parent” tracts, each of which has
full development rights. The pre-merchantable timber value
and extensive road frontage, coupled with Fluvanna County
subdivision regulations, create an attractive investment
property with a strong potential upside upon maturation
of the timber and recovery of the residential housing market.
The seller will entertain all reasonable offers for the
60+-acre development tracts, the proposed residential building
lots (5-15 acres per lot), or for the property in its entirety.
Soil
map and key
Timber
map
Location
Map
Topo
map
Conceptual
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CHARLES
CITY ROAD / I-295, $199,000 ($20,203 per acre)
Located in eastern Henrico County (GPIN 828-699-7706), 5
miles south of I-64 at Laburnum, this parcel is a chance
to buy ahead of development/growth. The Henrico County 2010
Land Use Map identifies property as Commercial Concentration;
the 2026 Map changes the use to Planned Industrial. Access
to the site is provided via Old Crow Lane. The site has
approximately 1,300'of on-grade frontage at the I-895 /
I-295 interchange. While access to the interstate(s) at
this location is not likely, this site provides excellent
visibility for a strategically placed commercial building.
An alternative to rezoning to commercial, i.e., an interim
use is surface storage or to landscape the existing 'vernal
pond' and construct a single family residence amidst the
dense wooded area for a private residential compound.
Location
Map
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