Not Disclosed

Henrico, VA
$ 399,000 Beds 0 Baths 0
Monthly Estimate* How much can I afford?

PRICE REDUCTION This listing is an estate sale and is well-situated as a large, 5.7 acre parcel for an investor looking to for an opportunity to capitalize on the burgeoning residential market in Henrico County. The site is currently accessed from an unimproved portion of Darracott Road that begins less than 500 feet from the intersection of E Parham Rd and Villa Park Dr. The relatively flat parcel is improved by a two-story brick residence constructed in 1942 that is currently vacant. Under the current A-1 (Agriculture) zoning regulations, the property can be developed with up to five residential units based on the parcel size. Alternatively, a potential rezoning of the property to R-5 (General Residence) would permit approximately 50 or more townhomes to be developed. Such a project would be similar in design and density to the existing Townes at Stonewall Manor development by Stylecraft Homes on the adjacent property to the north. Whether developed as single-family or multifamily, 1601 Darracott Rd’s location in Western Henrico County and its proximity to Downtown Richmond makes it ideally suited to serve this growing housing demand.

Commercial

  • Price
  • $ 399,000
  • Lot Size
  • 5.7 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1942
  • Half Bathrooms
  • 0
  • City, Zip
  • Henrico
  • County
  • HENRICO
  • Style
  • Area
  • 32 - Henrico
  • MLS#
  • 1915752
  • Zip
  • 23228
Listing Provided by: Thomas E Rosman with One South Realty Group, LLC.

Features

General

MLS Area 32 - Henrico
Property Type Commercial Sale
Stories 2
Zoning Description A-1

Exterior Features

Lot Size Acres 5.7
Lot Size Area 5.7
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Fredicksburg, VA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/14/2019 Listed $575,000
5/29/2020 31% - $399,000

Property vs Zip Code Average in 23228

Price
AVG $1.42M
$400K
Visits
AVG 168
160
Year Built
AVG 1957
1942

Map

Not Disclosed Henrico, VA is a Single Family Home for sale at $399000 and a lot size of 5.7 Acres Acre(s). Not Disclosed Henrico has 0 bedrooms, 0 baths and was built in 1942. The property's zip code is 23228 which is in Henrico, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.