3740 Charles City Rd
Richmond, VA 23231

Bankruptcy - 28 Acre development parcel with potential rental house!


Sited less than a mile to Richmond International Airport and approximately three miles to I-295 and 895/Pocahontas Parkway access, this parcel offers potential near-term rental income plus huge development upside. Three tax parcels sold together.


The Backstory: Upon information and belief, the Property may require remediation to comply with certain county regulations. The County has indicated that it will work with a buyer to resolve such issues, which may include regrading the area of fill to a more environmentally friendly 3:1 slope and remediating an approximately 0.1 acre area of wetland in which fill encroached. Additional funds currently held in escrow may be available to help offset such costs.