5825 Biscayne Dr, ALEXANDRIA

$1,499,900

0 Bed
0 Bath
1.61 Acres
0 Parking

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. Do not disturb tenant!

Essential Information
MLS® #VAFX1175270
Price$1,499,900
Bathrooms0.00
Acres1.61
TypeLand
Sub-TypeLand
StatusActive
Community Information
Address5825 Biscayne Dr
SubdivisionNONE AVAILABLE
CityALEXANDRIA
CountyFAIRFAX-VA
StateVA
Zip Code22303
School Information
DistrictFAIRFAX COUNTY PUBLIC SCHOOLS
Additional Information
ZoningR8
Condo Fees$0
HOA Fees$0
Listing Details
OfficePremiere Realty LLC
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Listing information last updated on October 21st, 2021 at 2:47pm EDT.