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Listed by Colin Concannon • LBT Residential Real Estate LLC
$1,999,999
Est. payment /mo
1.39 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAFX2123436
HOA Y/N N
Annual Tax Amount $8,293
Tax Year 2024
Lot Size 1.394 Acres
Acres 1.39
Property Sub-Type Land
Source BRIGHT
Property Description
Prime 1.39-Acre Residential Development Opportunity in Alexandria!
A rare find in the heart of Fairfax County, this expansive 1.4-acre double-lot assemblage (consisting of 3509 and 3505 Franconia Rd) offers unparalleled potential for builders, developers, or investors looking to capitalize on low Northern Virginia inventory.
Development Potential:
* By-Right Potential: Zoned R-2, the property currently allows for detached single-family dwellings. With 60,000+ square feet of land, a subdivision into multiple premium lots is a high-value path.
* Density Play: Strategically located near existing high-density and townhouse communities. Initial feasibility studies suggest the possibility of a larger townhouse footprint (up to 21 units) with a successful rezoning application.
* Value-Add Strategy: "Build three, sell two—live for free!" Or, develop a private luxury enclave minutes from the city.
Utilities & Site Features:
* Ready to Build: Electric, natural gas, public water, and public sewer are all available at the property.
* Land Value Only: An existing structure remains on the property but is not habitable and conveys strictly AS-IS. The value is entirely in the land and the location.
* Topography: Relatively level and manageable acreage, making it an "easy build" compared to more rugged NoVa lots.
Unbeatable Location:
Positioned along the high-visibility Franconia Road corridor, this site offers immediate access to I-495/395/95. Commuters are minutes from the Franconia-Springfield Metro, Old Town Alexandria, and Kingstowne Center. Enjoy close proximity to top-tier Fairfax County schools, shopping, and dining.
Take advantage of this rare opportunity to secure significant acreage in one of the most sought-after zip codes in the DC Metro area. Assemblage includes Tax IDs: 0822 01 0046 and 0822 01 0046A.
A rare find in the heart of Fairfax County, this expansive 1.4-acre double-lot assemblage (consisting of 3509 and 3505 Franconia Rd) offers unparalleled potential for builders, developers, or investors looking to capitalize on low Northern Virginia inventory.
Development Potential:
* By-Right Potential: Zoned R-2, the property currently allows for detached single-family dwellings. With 60,000+ square feet of land, a subdivision into multiple premium lots is a high-value path.
* Density Play: Strategically located near existing high-density and townhouse communities. Initial feasibility studies suggest the possibility of a larger townhouse footprint (up to 21 units) with a successful rezoning application.
* Value-Add Strategy: "Build three, sell two—live for free!" Or, develop a private luxury enclave minutes from the city.
Utilities & Site Features:
* Ready to Build: Electric, natural gas, public water, and public sewer are all available at the property.
* Land Value Only: An existing structure remains on the property but is not habitable and conveys strictly AS-IS. The value is entirely in the land and the location.
* Topography: Relatively level and manageable acreage, making it an "easy build" compared to more rugged NoVa lots.
Unbeatable Location:
Positioned along the high-visibility Franconia Road corridor, this site offers immediate access to I-495/395/95. Commuters are minutes from the Franconia-Springfield Metro, Old Town Alexandria, and Kingstowne Center. Enjoy close proximity to top-tier Fairfax County schools, shopping, and dining.
Take advantage of this rare opportunity to secure significant acreage in one of the most sought-after zip codes in the DC Metro area. Assemblage includes Tax IDs: 0822 01 0046 and 0822 01 0046A.
Location
State VA
County Fairfax
Zoning 120
Exterior
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Garage N
Building
Sewer Public Hook/Up Avail
Water Public Hook-up Available
Schools
School District Fairfax County Public Schools
Others
Tax ID 0822 01 0046A
Ownership Fee Simple
Special Listing Condition Standard
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