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.
Listing courtesy of One South Realty Group, LLC.
All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2018 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .