Sold

1001,1027,1031-1041 N Lombardy St

VA, 23220

$3,900,000


$387.60 per sqft

Sold

10,062 sqft

Unknown

Built in 2010

DEVELOPMENT OPPORTUNITY. Located in a state designated Opportunity Zone at the corner of N Lombardy Street and W Leigh Street in Richmond’s Carver neighborhood, this 1.3 acre “shovel-ready” site offers a rare scalable “value-add” opportunity for infill residential development just steps away from Virginia Commonwealth University (VCU) and Virginia Union University’s (VUU) campuses. The property is comprised of over half a city block with public ingress/egress on all four (4) sides of property and includes significant corner frontage at the signalized intersection of W. Leigh St. and N Lombardy. In addition, the property contains approximately 10,062 SF of fully leased improvements providing potential revenue stream during development phase. Perfect for condos, townhomes, or multifamily/mixed use.

1827162

MLS ID

June 21, 2018

Listed

February 10, 2024

Updated

Map

1001,1027,1031-1041 N Lombardy St
VA, 23220

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Heat Pump

Exterior/Building Features

Lot Size

1.3 Acres


Lot Features

Level


Roof

Flat


Sewer

Sanitary

Other Property Details

Area Name

10 - Richmond


Days on Market

322


Garage

No


View

No


County

Richmond City


Water Source

Public


Pool

No


Buyer Agency Compensation

3%

 

Courtesy of One South Realty Group, LLC

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 listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 2/10/2024

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