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1601 Darracott Road
Henrico VA 23228 US

$449,000

Active Listing ID 1915752
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Built in 1942
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Lot: 5.70 acre
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Other

$449,000

Active Listing ID 1915752
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1601 Darracott Road PRICE ADJUSTMENT 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.

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Property Features

  • Facts
  • Built in: 1942
  • Lot Size: 5.70 acre
  • Property Type: Commercial
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 4/30/2021 4:16:16 PM GMT
Source Updated Date: 5/14/2021 6:30:13 AM GMT

Courtesy of: Thomas E Rosman, One South Realty Group, LLC

Listing Source - ListHub

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