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    5825 Biscayne Drive

    ALEXANDRIA, VA 22303
    • $1,499,900
    • STATUS: Active
    • ON SITE: 339 days
    • ID#: VAFX1104110
    UPDATED: 20 min ago
    $1,499,900
    • 0
      BEDS
    • 1.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    The new townhouses at "THE TOWNS AT SOUTH ALEX" are being sold at $800K+ and 2860 Lowen Valley Road was sold for $936K. We have 1.6 acres of land zoned R8 - build 12 units by right. Or better use for assisted living, senior housing, kindergarten, etc. Walk to Huntington Metro. Booming Area. To develop this piece of land, you may need to purchase two additional parcels for $1 millions. So your total land cost will be $2.5 millions, though you can build 14 new townhouses. By the time you are selling these new townhouse, your price would be for more than a million each. Think of the profit potential. Do not disturb tenant!

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-01T09:52:02.13.
    www.enggarcia.com/homes/101911250
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    5825 Biscayne Drive ALEXANDRIA, VA 22303

    • Price: $1,499,900
    • Status: Active
    • Updated: 20 min ago
    • ID#: VAFX1104110
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.61
    Acres
    Neighborhood:
    None Available
    County:
    Fairfax
    School District:
    Fairfax County Public Schools
    Property Description
    The new townhouses at "THE TOWNS AT SOUTH ALEX" are being sold at $800K+ and 2860 Lowen Valley Road was sold for $936K. We have 1.6 acres of land zoned R8 - build 12 units by right. Or better use for assisted living, senior housing, kindergarten, etc. Walk to Huntington Metro. Booming Area. To develop this piece of land, you may need to purchase two additional parcels for $1 millions. So your total land cost will be $2.5 millions, though you can build 14 new townhouses. By the time you are selling these new townhouse, your price would be for more than a million each. Think of the profit potential. Do not disturb tenant!
    Exterior Features

    Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Basement YN No Inclusions Parking Included In ListpriceParking Included In Saleprice

    Property Features

    Assessment Year 2020 Association YN No Building Permits No Building Permits Central Air YN No Condo YN No Construction Completed YN No Current Use Residential Navigable Water YN N New Construction YN No Original MLSNumber 302192608750 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer Public Sewer Tax Annual Amount 6338.00 Tax Assessment Amount 526100.00 Vacation Rental YN No Water Source Public Zoning R8

    Listing courtesy of Premiere Realty.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Eng Garcia Properties, LLC | Keller Williams Capital Properties. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-12-01T09:52:02.13.
     
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    Eng Garcia Properties, LLC | Keller Williams Capital Properties
    1930 18th St NW
    Washington DC, 20009