Connect

Find us on...

Dashboard

21st St, GROTTOES, Virginia – $1,500,000

  • $1.5M Price
  • 5.42 Acres
  • 48 DOM
  • $1.5M Price
  • 5.42 Acres
  • 48 DOM

21st St

This is a rare opportunity for you to buy and immediately start developing a subdivision. Forest Station is a 33 unit townhouse subdivision approved by the town of Grottoes. This development boasts a potential 24.78% ROI with a built in 10% buffer. The lumber for the first phase has been purchased and can be negotiated into the purchase price. Uploaded images are a spec home built off of the same floor plans. The home was built 3 feed wider than the plans called for. Don't miss your opportunity to develop Forest Station. Contact agent for more information including financial projections break down.

Essential Information

  • MLS® #630669
  • Price$1,500,000
  • Acres5.42
  • TypeLand
  • Sub-TypeDevelopment
  • StatusActive

Community Information

  • Address21st St
  • AreaRockingham
  • SubdivisionNONE
  • CityGROTTOES
  • StateVirginia
  • Zip Code24441

School Information

  • ElementarySouth River
  • MiddleElkton
  • HighEast Rockingham

Additional Information

  • Date ListedMay 19th, 2022
  • Days on Market48
  • ZoningR-7 PUD

Listing Details

  • OfficeFunkhouser Real Estate Group
Please provide a valid email address.

Copyright ©2004-2015 Charlottesville Area Association of Realtors®. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Charlottesville Area Association of Realtors®. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Any use of search facilities of data on this site other than by a consumer interested in the purchase of real estate, is prohibited. Information last updated on 7/6/22 8:33 PM EDT.