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0 Maryland Ave
Emporia, VA 23847
Emporia Multifamily Site · Land For Sale
·
5.60 AC
INVESTMENT HIGHLIGHTS
- Multifamily Zoned
EXECUTIVE SUMMARY
Pricing to be determined based on density and closing conditions. Ultimately the developer stands to benefit from an appealing price point that will accommodate profitable construction of workforce housing. The city has proposed an increase in density for R-3 zoning, further enhancing the site's viability.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 5.60 AC |
| Zoning | B1 - Multifamily. Proposed increase in density being contemplated by city | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.60 AC |
| Zoning | B1 - Multifamily. Proposed increase in density being contemplated by city |
1 LOT AVAILABLE
Lot
| Lot Size | 7.90 AC |
| Lot Size | 7.90 AC |
Just under 8 acres of residential development land between the two lots. Lot B1: 6.74 ac and Lot B3: 1.14 ac
DESCRIPTION
The site offers the rare combination of multifamily zoning in a municipality that welcomes workforce housing development. Potential for various concepts from single family homes to affordable apartments. Excellent location with direct access to I95 and Rt 58. Major crossroads.
PROPERTY TAXES
| Parcel Number | 121 5 0 B1 | Improvements Assessment | $0 CAD |
| Land Assessment | $52,568 CAD | Total Assessment | $52,568 CAD |
PROPERTY TAXES
Parcel Number
121 5 0 B1
Land Assessment
$52,568 CAD
Improvements Assessment
$0 CAD
Total Assessment
$52,568 CAD
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