Coming Soon! | Countdown to Closing Event | 8.58± AC Vacant Lot | Single-Family Residential Subdivision Potential | 3211 Rear Scottdale Street | Richmond, VA | 23234 | Part 1 of 2 | Online Only

Details

3211 Rear Scottdale Street, Richmond, VA 23234

Unlock the potential of this 8.58± acre vacant parcel located in the Scottdale Subdivision of Richmond City. Zoned R-4, this property offers an excellent opportunity for residential development, investment, or a private homesite within city limits. Ideally positioned just 8 minutes from I-95, 14 minutes to Downtown Richmond, and 17 minutes to Richmond International Airport, the location provides both convenience and accessibility. With its generous size and favorable zoning, this property is well-suited for those looking to capitalize on Richmond’s continued growth and demand for housing.

• Appraised for $312,000!
• Potential for 28-Lot Single Family Residential Subdivision
• 8.58± Acre Lot; Zoned R-4 in the Scottsdale Subdivision
• Development or Investment Opportunity
• Online Only Auction - Countdown to Closing Event - Being Sold in Part 1 of 2

Sale Date and Time

Online Bidding Opens: Tuesday, April 21^st at 12:00 PM

Sale Closes: Thursday, April 23^rd at approximately 3:30 PM

Sale Location: Online Only

Property Tours

Interested parties may tour the property at their convenience. Please be mindful of neighbors.

Ideal For

Ideal for developers, builders, or investors seeking a residential land opportunity.

Auction Term Highlights and Bidder Requirements

• Auction Term Highlights
  • Registration Deposit: An initial deposit of $5,000 is required for bidder registration and approval to bid
  • Buyer’s Premium: A 10% buyer’s premium will be added to the highest bid to determine the purchase price
  • Settlement: Settlement must occur within 60 days of the sale. Time is of the essence
• Online Bidder Requirements
  • All bidders MUST register and submit the initial deposit no later than 24 hours prior to the start of the sale

Important to Note

• All sales are AS-IS, WHERE-IS and WITH ALL FAULTS
• All bidders are encouraged to conduct their own due diligence regarding the property prior to bidding
• The terms and conditions presented at the time of sale supersede any prior or other terms and conditions related to this sale

Financial Lender Recommendations

• Ashley Howell (First Bank & Trust Company)
  • ahowell@firstbank.com
  • 540-421-6732
• Lindy Pond (Consistent Capital)
  • lindy@consistentcapital.com
  • 804-647-7866
• Briana Sparrow (Atlantic Bay Mortgage Group)
  • brianasparrow@atlanticbay.com
  • 804-878-0509
• Megan Rodgers (Farm Credit)
  • mrodgers@FCVirginias.com
  • 434-956-1139
• Mike Krumbein (Richmond Mortgage Inc.)
  • mike@richmondmortgageinc.com
  • 804-240-9314

Call Carly Hancock at 804-335-9994 or chancock@motleys.com