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Pending
521 Reservoir Petersburg, VA 23803
0.62 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 2602221
HOA Y/N No
Annual Tax Amount $11
Tax Year 2023
Lot Size 0.616 Acres
Acres 0.6164
Property Sub-Type Residential
Property Description
Aggressively priced and flexible for current Investor Off-Market buyer Special- Seeking that oversized 26,850 square foot lot on current paper street offering long- term upside. Dimensions of 150 x 179 provide flexibility for future expansion, zoned as R-2, and the price aggressively for an unimproved lot. Investors, Builders, and contractors seeking immediate equity, priced under tax Value, seeking growth, and a buy now/ build later strategy within the Petersburg City's expanding footprint. This property built for those building future land portfolio, with the option to build as the city expands past its current areas, seeking new buildable areas.
Property also includes a small parcel that will be sold with this - 41 Slagle Ave. 10x107 parcel, package deal/ corner piece of land.
Property also includes a small parcel that will be sold with this - 41 Slagle Ave. 10x107 parcel, package deal/ corner piece of land.
Location
State VA
County Petersburg
Area 57 - Petersburg
Direction S. Crater Rd, take a right on Gee St. follow until it merges to Greenville Ave, take a right on Ravine St. First left on Reservoir Ave, left-go past house on right 525/529 Reservoir Ave- straight ahead. Signs ahead
Exterior
Utilities Available Natural Gas Not Available, Sewer Not Available
Building
Sewer None
Water None
Schools
Elementary Schools Walnut Hill
Middle Schools Vernon Johns
High Schools Petersburg
Others
Tax ID 032-210013
Ownership Individuals
Listed by Weichert Brockwell & Associate