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