Address
5825 Biscayne Drive Alexandria, VA
Price
$ 1,499,900
Property Attributes
  • MLS#VAFX1175270
  • TypeLand
  • CountyFAIRFAX
  • CityAlexandria
  • NeighborhoodNONE AVAILABLE
  • Zip22303
  • StyleResidential
  • Taxes$ 6338
  • Price$ 1,499,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.61 Acres
Listing Provided Courtesy Of:
Premiere Realty
Data Source:
Bright MLS
Property Description

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!

Price History
1/9/2021 Listed $1,499,900

General Features

Additional Parcels Y/N No
Association Y/N No
Condo/Coop Association Y/N No
County FAIRFAX
Current Use Residential
Days on Market 163
High School District FAIRFAX COUNTY PUBLIC SCHOOLS
Legal Subdivision HUNTING CREEK
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 21.39
Property SubType Land
Property Type Land
Sewer Public Sewer
Subdivision Name NONE AVAILABLE
Tax Annual Amount 6338.0
Tax Year 2021
Vacation Rental Y/N No
Water Access Y/N No
Zoning R8
Zoning Description 8 dwellings per acre

Exterior Features

Inclusions Parking Included In ListPrice, Parking Included In SalePrice
Lot Size Acres 1.61
Lot Size Source Assessor
Lot Size Square Feet 70110.00
Navigable Water Y/N No
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 22303

Price
AVG $790K
$1.5M
Taxes
AVG $4,552
$6,338
Visits
AVG 167
176
Walkscore
AVG 62
46
Data Provided by Walkscore ® not using MLS data

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