5825 Biscayne Dr

ALEXANDRIA, VA, 22303

$1,499,900

$1,499,900
Active
Active
 - For Sale
property_type
Land
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!
MLS ID:
VAFX1175270
Listed:
1/8/21
Updated:
5/6/21

Exterior/Building Features

Lot Size
1.61 acres lot
Sewer
Public Sewer

School Information

School District
FAIRFAX COUNTY PUBLIC SCHOOLS

Other Property Details

Attached Garage
No
County
FAIRFAX
Water Source
Public
Zoning
R8

Courtesy of Premiere Realty LLC

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Data last updated 6:55 AM UTC, 5/6/21

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