EXCELLENT OPPORTUNITY for a new home subdivision or commercial development. Commercial or residential uses are subject to Town Council approval. Located right off Exit 20 on I-95 between Emporia and Petersburg, this prime property features 800'+ of frontage on Allen Road. Currently zoned R-1, maximizing the land with a street, water, and sewer extensions should yield 15 to 20+ homes (buyer to verify with surveyor/sewer contractor). Dominion Power 3-phase transformers are available alongside a 1" main waterline and sewer. List price is the tax-assessed value. Name your price at auction via online bidding on August 10th at 11:00. Sells AS IS, Cash terms, no contingencies. All due diligence to be completed prior to bidding. Buyer's Premium applies. See auction website for info and terms. VAAF 423.
Listing courtesy of Tranzon Key.