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$7,000,000
Est. payment /mo
55.03 Acres Lot
UPDATED:
02/27/2025 02:31 PM
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAPW2088506
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $15,592
Tax Year 2024
Lot Size 55.026 Acres
Acres 55.03
Property Sub-Type Land
Property Description
SRG Commercial, is pleased to present an exceptional residential development opportunity on Purcell Road in Manassas, Virginia. This prime property offers the potential to create an exclusive enclave of 22 estate-style homes on spacious 1+ acre lots, catering to the growing demand for luxury living in a serene yet accessible location.
Nestled in the desirable Manassas area, the property provides a tranquil, estate-style living environment while maintaining convenient access to major roadways, shopping, dining, and recreational facilities. This strategic location ensures both high desirability and strong market demand.
This opportunity is ideal for developers looking to capitalize on the growing luxury housing market, delivering a high-end residential community with significant equity growth and profitability.
Investment Highlights:
22 Estate Style homes
1+ acre lots
Large footprint homes 50x60 ft (can always go smaller)
Estimated development costs of $211,470.08
Septic and well water
Proffers are fixed at $6000/lot
Site plan approval in 5-6 months
$1.5M ARV per unit once built
Nestled in the desirable Manassas area, the property provides a tranquil, estate-style living environment while maintaining convenient access to major roadways, shopping, dining, and recreational facilities. This strategic location ensures both high desirability and strong market demand.
This opportunity is ideal for developers looking to capitalize on the growing luxury housing market, delivering a high-end residential community with significant equity growth and profitability.
Investment Highlights:
22 Estate Style homes
1+ acre lots
Large footprint homes 50x60 ft (can always go smaller)
Estimated development costs of $211,470.08
Septic and well water
Proffers are fixed at $6000/lot
Site plan approval in 5-6 months
$1.5M ARV per unit once built
Location
State VA
County Prince William
Zoning SR1
Exterior
Water Access N
Garage N
Building
Sewer Private Septic Tank
Water Well
Schools
School District Prince William County Public Schools
Others
Tax ID 7993-42-5999
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Khaled Al hajbeh • Samson Properties