SOLD –$3,200,000. The property is priced significantly below Loudoun County’s assessed value of $3,693,000. Priced for a quick, all cash sale!
Approximately 10.26-acre piece of land zoned PD-OP 1993 (Planned Development – Office Park) located in Ashburn, Virginia and further referred to as Parcel ID Number 040-38-7478-000. Property is one tax parcel but is physically divided by the newly constructed Russell Branch Parkway section that connects to Pacific Blvd. The north parcel (Parcel “A”) is 4.06+/- acres and the south parcel (Parcel “B”) is 6.20+/- acres. At this time, the seller is only entertaining offers for the entire property, giving the next buyer the opportunity to create value by having the property legally subdivided into two tax parcels.
Parcel B has 0.84 acres in flood plain leaving 5.36+/- acres of developable land. Parcel A lies outside the flood plain. The current FAR is 0.4; allowing 164,134.08 square feet of development. The FAR can be increased to 0.6 by Special Exception; allowing 246,201+/- square feet of potential development. The property is located near the intersection of Route 7 and Route 28. The north parcel has frontage on Route 7 with a traffic count of approximately 88,000 vehicles per day, giving this property excellent visibility.
The property is very close to One Loudoun and Top Golf Loudoun, two popular destinations for Loudoun County residents, as well as Kincora, a large retail, office, hospitality and residential mixed-use project.
3% Broker Participation offered.
For more information, please visit RealtyMarkets.com
Ryan Rauner, Realty Markets, a Century 21 New Millennium Team
(direct) 703-943-7079 and firstname.lastname@example.org
Stephen Karbelk, Team Leader, Realty Markets, a Century 21 New Millennium Team
(direct) 571-481-1037 and email@example.com