Richmond, VA 23222 2202 3rd Avenue
$350,000



Presented By: William Zimmer with Compass.
Home Details
Exceptional opportunity to acquire two fully entitled, build-ready lots in a rapidly growing neighborhood. The original home has been demolished, and the parcel has been subdivided and approved by the BZA for two new single-family homes (2200 and 2202 3rd Ave. – Lots 11 and 12). This is a true plug-and-play development opportunity—no red tape, no delays, just start building. Conveying with the sale are approved building plans for Lot 12, BZA approval for the subdivision, completed demolition of the original structure, existing water and sewer connections on Lot 12 (saving the buyer significant tap and lateral fees), stamped surveys, soil reports, and site plans for both lots. Construction funding for the build has already been approved, and a preferred lender is in place to streamline the process and help buyers move quickly into construction if needed. We recently sold two new construction homes just down the street on 2nd Avenue for $579,000 and $605,000, with the latter appraising at $620,000—demonstrating the strong resale potential in this location. Buyer to perform their own due diligence. All information is believed to be accurate but not guaranteed.
Presented By: William Zimmer with Compass.
Interior Features for 2202 3rd Avenue
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 2202 3rd Avenue
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CountyRichmond City
DisclosuresFamilialRelation, OwnerIsListingAgent
Electric On Property Y/NNo
Elementary SchoolOverby-Sheppard
Full Baths
Garage Y/NNo
HOANo
High SchoolJohn Marshall
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size UnitsAcres
MLS Area30 - Richmond
Middle/Junior High SchoolHenderson
MobileHomeRemainsYNNo
New ConstructionNo
OwnershipCorporate
Ownership TypeCorporation
PossessionNegotiable
Possible UseSingleFamily
Property Attached Y/NNo
Property SubtypeUnimprovedLand
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerNone
Standard StatusActive
StatusActive
Subdivision NameChestnut Hills
Tax Annual Amount1560.0
Tax Assessed Value136000
Tax Year2024
UtilitiesNaturalGasAvailable, PhoneNotAvailable, ElectricityAvailable, SewerNotAvailable
Zoning DescriptionR-6
Exterior for 2202 3rd Avenue
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesAdditionalLandAvailable
Lot Size Acres0.1928
Lot Size Area0.1928
Open Parking Y/NNo
Road Surface TypePaved
SpaNo
Water SourceNotConnectedNearby, Public
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Henderson Middle School
High School
John Marshall High School
Elementary School
Overby-Sheppard Elementary School
