Properties

5825 BISCAYNE DR ALEXANDRIA Virginia 22303

$1,499,900

5825 BISCAYNE DR, ALEXANDRIA, Virginia 22303 - $1,499,900

1.61 Acre
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. nnDo not disturb tenant!

Property Details
Basic Details
Property Type : Land
Price : $1,499,900
Lot : 1.61 Acre
Status : Active
Address Map
US
VA
Northern Virginia
FAIRFAX
ALEXANDRIA
NONE AVAILABLE
22303
5825 BISCAYNE DR
W78° 55' 36.6''
N38° 47' 29.8''
Schools
Winding creek
Henley
Western albemarle
Additional Details
: R8
N
: Settlement
Public Sewer
: Public
$0
Quarterly
21.39
2020
6338
: Residential
Jue Wang
VAFX1175270

    CONTACT AN AGENT

     

    Call (877) 646-8800

    - or -






    Copyright 2021 - Virginia Estates uses MLS data from Charlottesville Area Association of Realtors & Metropolitan Regional Information Systems, Inc. to generate real estate listings for sale on this website. This information is deemed to be reliable, but not guaranteed. The listing broker has attempted to offer accurate data, but buyers are advised to confirm all items from IDX and from this website.