Multi-Family Land Parcel Off Old Hundred Road, Richmond VA

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  • View Listing Page & Brochures
  • 12.9 +/- acres (5 +/- acres buildable)
  • Zoned for MF or Commercial
  • 1.7 miles from Bon Secours St Francis Medical Center
  • Adjacent to planned 5,000+ home Roseland Community

Property Description

The property is zoned as part of a masterplanned community case that was broken up and sold. The existing entitlement allows it to be developed as a multi-family project WITHOUT cash proffers being imposed. Preliminary “conceptual” plans indicate that as many as 112 conventional apartment units can be developed on the site with parking meeting Chesterfield County development standards. Utilities are a short distance from the property, but are sized to accomodate upstream growth including this property.

Area Description

Within a 10-minute drive time of the site, 2009 census reports over 21,000 households with a total population of 58,359 residents with an median age of 38.9 years and an average annual household income of $94,554. Within a 15-minute drive time to the site, the number of households jumps to over 69,000 homes. Excellent frontage on Old Hundred Road less than two miles from the new Bon Secours St. Francis Hospital at Charter Colony Parkway and Center Pointe Parkway.

Tomahawk Creek, 12.9 +/- Acres |  $2,000,000


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