7999 Fast Ln - Apartments FOR SALE


Mechanicsville, VA 23111
$789,999 USD
804-349-5788
7999 Fast Ln, Mechanicsville, VA for Sale
$789,999 USD
Apartments - FOR SALE
1/3
null | Request Cap Rate

7999 Fast Ln
Mechanicsville, VA 23111


HIGHLIGHTS

  • Income-Producing Duplex for Residential and/or Business Use
  • Zoned B3: Opportunity to Redevelop for Business Use
  • Located at I-295 Mechanicsville exit

OVERVIEW

2.43 Acres, up to 2.86 contiguous acres. There is a 2-Unit house on each lot, that can be rented for business or residential income, with dual access from Fast Lane in the front and rear and located at I-295. B3 Zoning allows for business uses or they can remain, as grandfathered, income-producing residential apt/office.

FOR SALE DETAILS

PRICE

$789,999 USD

PRICE/SF

$149 USD /SF

# OF UNITS

4

PRICE/UNIT

$197,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

B3 Land with Residential or Business Income

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

B3

APN/PARCEL ID

8714-04-0513,8714-04-1428,8714-04-2626

ASK ABOUT THIS PROPERTY

Susan Haas; MURPHaas Realty GroupMore Info
804-349-5788

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Susan Haas; MURPHaas Realty GroupMore Info
804-349-5788

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