Address
5825 Biscayne Drive Alexandria, VA
Price
$ 1,499,900
Property Attributes
- MLS#VAFX1175270
- TypeLand
- CountyFAIRFAX
- CityAlexandria
- NeighborhoodNONE AVAILABLE
- Zip22303
- StyleResidential
- Taxes6338
- Price$ 1,499,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.61 Acres
Listing Provided Courtesy Of:
Premiere Realty
Property Description
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!
| Price History | |
|---|---|
| 1/9/2021 | Listed $1,499,900 |
General Features
| Additional Parcels Y/N | No |
|---|---|
| Association Y/N | No |
| Condo/Coop Association Y/N | No |
| County | FAIRFAX |
| Current Use | Residential |
| High School District | FAIRFAX COUNTY PUBLIC SCHOOLS |
| Legal Subdivision | HUNTING CREEK |
| Ownership | Fee Simple |
| Possession | Settlement |
| Price Per Sq Ft | 21.39 |
| Property SubType | Land |
| Property Type | Land |
| Real Estate Owned Y/N | No |
| Sewer | Public Sewer |
| Subdivision Name | NONE AVAILABLE |
| Tax Annual Amount | 6338.0 |
| Tax Year | 2020 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | R8 |
| Zoning Description | 8 dwellings per acre |
Exterior Features
| Inclusions | Parking Included In ListPrice, Parking Included In SalePrice |
|---|---|
| Lot Size Acres | 1.61 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 70110.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
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
Property vs Zip Code Average in 22303
Price
Taxes
Visits
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All MLS listings are © 2021 Central Virginia Regional Multiple Listing Service, LLC. All
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