Sold

700 W 44th St

Richmond VA, 23225

$2,000,000


$6.98 per sqft

Sold

6.58 Acres

Land

This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1.

The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on the 6.6 acre parcel. Alternatively, the property could potentially be subdivided into an estimated 35 single-family detached parcels or 65 attached parcels and units.

1935787

MLS ID

September 27, 2019

Listed

April 16, 2024

Updated

Map

700 W 44th St
Richmond VA, 23225

Exterior/Building Features

Lot Size

6.58 Acres


Sewer

None

School Information

High School

Richmond High School for the Arts


Elementary School

Westover Hills

Other Property Details

Area Name

60 - Richmond


Taxes

$624


Tax Frequency

Annually


Days on Market

564


Garage

No


View

No


County

Richmond City


Water Source

None


Pool

No


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

4/15/2024

Sold

$2,000,000

 

Courtesy of One South Commercial LLC

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 4/16/2024

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