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0 Maryland Ave - Emporia Multifamily Site

7.9 Acres of Residential Land in Emporia, VA 23847

Investment Highlights

  • Multifamily Zoned

Executive Summary

Pricing to be determined based on density and closing conditions. Ultimately the developer stands to benefit from an appealing price point that will accommodate profitable construction of workforce housing. The city has proposed an increase in density for R-3 zoning, further enhancing the site's viability.

Attachments

Emporia Land Package

Property Facts

Sale Type Investment Property Subtype Residential
No. Lots 1 Total Lot Size 7.90 AC
Property Type Land
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 7.90 AC

1 Lot Available

Lot

Lot Size 7.90 AC
Lot Size 7.90 AC

Just under 8 acres of residential development land between the two lots. Lot B1: 6.74 ac and Lot B3: 1.14 ac

Description

The site offers the rare combination of multifamily zoning in a municipality that welcomes workforce housing development. Potential for various concepts from single family homes to affordable apartments. Excellent location with direct access to I95 and Rt 58. Major crossroads.

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zoning

Zoning Code R3 (Multifamily. Proposed increase in density being contemplated by city)
R3 (Multifamily. Proposed increase in density being contemplated by city)
(757) 871-3738

  • Listing ID: 28950906

  • Date on Market: 08/07/2023

  • Last Updated:

  • Address: 0 Maryland Ave, Emporia, VA 23847

The Land Property at 0 Maryland Ave, Emporia, VA 23847 is currently available For Sale. Contact Hamner Development Company for more information.

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0 Maryland Ave - Emporia Multifamily Site
(757) 871-3738 x

0 Maryland Ave - Emporia Multifamily Site

Alan Meetze

(757) 871-3738

(757) 871-3738

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