1001,1027,1031-1041 North Lombardy Street, Richmond, VA 23220

$4,400,000
List Price
$4,400,000
Days on Market
176
MLS#
1827162
Status
ACTIVE
Type
Commercial
Year Built
2010
County
Richmond
Region
10 - Richmond

Property Description

DEVELOPMENT OPPORTUNITY. Located in a state designated Opportunity Zone at the corner of N Lombardy Street and W Leigh Street in Richmond’s Carver neighborhood, this 1.3 acre “shovel-ready” site offers a rare scalable “value-add” opportunity for infill residential development just steps away from Virginia Commonwealth University (VCU) and Virginia Union University’s (VUU) campuses. The property is comprised of over half a city block with public ingress/egress on all four (4) sides of property and includes significant corner frontage at the signalized intersection of W. Leigh St. and N Lombardy. In addition, the property contains approximately 10,062 SF of fully leased improvements providing potential revenue stream during development phase. Perfect for condos, townhomes, or multifamily/mixed use.

Additional Information

Acres
1.3
Lot Size
56,628
Exterior Features
Brick
Roof
Flat

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of One South Realty Group, LLC.

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