740 Cason Lane, Virginia Beach, VA 23462
Residential Property (Detached)
- 1 Bedrooms
INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller’s residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller’s residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.
Property Features
- Appliances
- None
- Flooring
- Other
- Cooling
- None
- Heating
- None
- Rooms
- None
- Exterior Features
- Other
- Roof
- Other
- Parking
- None
School Information
- School District
- Virginia Beach Public Schools
- Elementary School
- Middle School
-
Bayside Middle
965 Newtown Rd
Virginia Beach, VA 23462
0.57 mi away
- High School
-
Bayside High
4960 Haygood Rd
Virginia Beach, VA 23455
1.05 mi away
Listing Courtesy of ONYX Realty Professionals LLC
