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3810 Meadowbridge Rd - E. Richmond 2+ Ac Zoned B3 1.1 Acres of Commercial Land Offered at $1,786,142 CAD in Richmond, VA 23222


Investment Highlights
- Apr. 1.2 Acres Zoned B3
- Retail, Drive-Thru, Restaurants, Specialty, Automotive Filling Stations, Hotel, Private School, Live/Work Dwellings, Offices
- Opportunity Zone
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,786,142 CAD | Lot Size | 1.10 AC |
| Price Per AC | $1,623,765.12 CAD |
| Price | $1,786,142 CAD |
| Price Per AC | $1,623,765.12 CAD |
| Lot Size | 1.10 AC |
Opportunity Zone Redevelopment Opportunity- apr 1.1 acre Zoned B3, open and mostly paved lot with a 6,556sf single-story commercial building.
Description
2 Acres in North Richmond's Opportunity Zone The B-3 district is intended to provide a mix of commercial, automotive, and recreational activities. Possible uses, include most Retail Uses, Drive-Thru, Office, Automotive Filling Station, Live/Work Dwellings. The site allows for access from 2 roads- Richmond-Henrico Turnpike and Meadowridge Rd, and is experiencing growth with Amazon's presence and the new homes and businesses being built to accommodate 1,000 new employees, In addition to major roadway enhancement taking place on Azalea Ave, across Laburnum from this location, including bike lanes, streetlights and a new water main. In addition, there is a single-story building on the property, that has a slab foundation. 50% Seller financing is possible. Opportunity Zones offer federal incentives for investors and developers aiming to revitalize underserved areas, such as: Capital Gains Deferral, Tax Reduction, Tax-Free Growth.
Property Taxes
| Parcel Number | 794-737-7079 | Improvements Assessment | $361,366 CAD |
| Land Assessment | $549,911 CAD | Total Assessment | $911,277 CAD |
Property Taxes
Presented by
3810 Meadowbridge Rd - E. Richmond 2+ Ac Zoned B3
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