VIRGINIA AVE new to site

Culpeper,VA 22701

$ 2250000

- Bed

- Bath

31470 SqFt


Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 31,470 sqft

Price per Sqft $71

MLS Listing ID VACU2011332

Annual Tax Amount $186

Tax Year 2024

Lot Size 2.450 Acres

Acres 2.45

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Looking to build a multi-family property in Culpeper, Va? Finding “by right” zoned land for multi-family is almost impossible these days, even more difficult is attempting to have a piece of land rezoned for it!

This land has full site plan approval from the Town of Culpeper to build 29 units plus a management office (by-right zoning). The seller has even already obtained full building office approval for the blueprints and all MEPs, sprinkler and smoke alarms. In an area with a near zero percent vacancy rate in rental property, this is a sure long term win for an investor.

The approved blueprints and related documents are available upon request. The units are also permitted according to current codes to be made into condominiums and sold as such.

Location

State VA

County Culpeper

Zoning R2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 57.0

Water Access N

Accessibility None

Total Parking Spaces 57

Garage N

Building

Sewer Public Hook/Up Avail

Water Public Hook-up Available

New Construction Y

Schools

Elementary Schools Yowell

Middle Schools Floyd T. Binns

High Schools Eastern View

School District Culpeper County Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source Estimated

Special Listing Condition Standard

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