1025 Harris Dr - Commercial LAND FOR SALE


South Boston, VA 24592 347,609 SF
$3,790,000 USD
434-579-7634
1025 Harris Dr, South Boston, VA for Sale
$3,790,000 USD
Commercial LAND - FOR SALE
1/25
347,609 SF

1025 Harris Dr
South Boston, VA 24592


OVERVIEW

Great Investment Opportunity! Greens Folly Apartments consists of 9 low-maintenance brick buildings with a total of 65 units. Addresses are 1005, 1006, 1015, 1016, 1025, & 1026 Harris Dr; 350 Powell Rd; 319 & 323 Valley Dr South Boston, Va. There are 27 one bedroom, 29 two bedroom, and 9 three bedroom apartments, situated on 7.98 acres. The location is just minutes from retail, medical care, schools, and dining making this a top choice for prospective tenants. This 45,402-sq-ft property presents a favorable density profile and potential for future value-add strategies. Don't miss out on this property, which offers immediate scale, a favorable unit mix, and significant land value, and is positioned to capitalize on major regional economic drivers such as Virginia International Raceway, South Boston Speedway, Caesars Virginia Casino, & Hitachi Energy that has an expansion planned, creating over 800 new jobs. Buyer/Buyer's agent to verify all information.

FOR SALE DETAILS

PRICE

$3,790,000 USD

PRICE/ACRE

$474,937/AC

PRICE/SF

$11 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Greens Folly

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

7.98 AC

LAND SF

347,609 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets, Cable, Telephone

ZONING

R4

APN/PARCEL ID

14509,14510,14511,14512,33758

ASK ABOUT THIS PROPERTY

Jason ClarkLong & Foster Real Estate, Inc.More Info
434-579-7634

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Jason ClarkLong & Foster Real Estate, Inc.More Info
434-579-7634

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.