740 Cason Lane, Northwest Virginia Beach, VA 23462
- $129,900
- 1
- BD
- List Price
- $129,900
- MLS#
- 10646010
- Price Change
- ▼ $210,000 1785180696
- Year Built
- 1960
- Stories
- 1
- Bedrooms
- 1
- Lot Size
- 41,382
- Acres
- 0.95
- Subdivision
- Lynbrook Landing
Property Description
INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller’s residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller’s residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.
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Additional Information
- Appliances
- None
- Heating
- None
- Cooling
- None
- Exterior
- Other
- Roof
- Other
- Elementary School
- Diamond Springs Elementary School
- Middle School
- Bayside Middle
- High School
- Bayside
Mortgage Calculator
Listing courtesy of ONYX Realty Professionals LLC.