700 W 44th Street, Richmond, VA 23225

$2,000,000

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Sold Price
$2,000,000
List Price
$2,200,000
Days on Market
641
Closing Date
Apr 12, 2024
MLS#
CVR-1935787
Status
CLOSED
Type
Land
County
Richmond City
Region
60 - Richmond
Neighborhood
Forest Hill Terrace
Subdivision
Forest Hill Terrace

Property Description

This listing offers an extremely unique opportunity to build high density rental or for sale product less than four miles from Downtown Richmond. Located in the fast growing and popular Northrop/Forest Hill Terrace neighborhoods, this 6.6 acre parcel features completed title work and clean phase 1. The property is currently zoned R-48 Multifamily and offers the flexibility for development for rental or for sale products. Current zoning permits up to 140 units multifamily units to be developed on the 6.6 acre parcel. Alternatively, the property could potentially be subdivided into an estimated 35 single-family detached parcels or 65 attached parcels and units.

Additional Information

Acres
6.58
Elementary School
Westover Hills
Middle School
Lucille Brown
High School
Richmond High School for the Arts
Taxes
$624

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Calculator source: Real Geeks

Listing courtesy of One South Commercial LLC. Contact:

Selling Office: Non MLS Member.

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All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listing are © 2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Real estate properties marked with the Central Virginia MLS (CVRMLS) icon are provided courtesy of the CVRMLS IDX database. The information being provided is for a consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. IDX information updated .