Commercial Lot Zoned B2 Emporia VA Greensville county

This project has already been successfully funded. New opportunities are added regularly.

Property Details

  • Time to Build
    Any Time
  • State
    Virginia
  • County
    Greensville
  • City
    Emporia
  • GPS
    36.7372, -77.5124
  • Curent Zoning
    B2 seller switched zoning from M1 to B2
  • General Elevation
    120
  • Taxes
    $552.75
  • Conveyance
    Seller only one on title
  • Sewer
    County Water and Sewer lines
  • Parcel Size (in acres)
    3.3
  • Zip
    23847
  • Title Info
    David K. Biggs on deed
  • Access
    On Sussex Drive
  • Terrain
    Flat and some portion of lot cleared
  • HOA Fees
    N/A
  • Power
    Close by-- businesses and county offices all around lot Dominion Virginia Power 102 Valley Street Emporia, Virginia, 23847 Phone 434-634-5874
  • Water
    Greensville County Water and Sewer
  • Phone
    (434) 348-4213

Transaction Details

Total Transaction Purchase Price (including closing costs): $36,500
Anticipated Sale Price: $75,000-80,000
Anticipated Transaction Completion Time (cash in to cash out for equity partner): 60-90 days
Escrow or Notary Acquisition? Escrow
Escrow or Notary Sale? Escrow
Percent of Funding from Partner Required: 100%
Equity Partner Profit Split: 50/50%
Anticipated Budget: $77,000-36,500=40,500 with 50%/50% split 20,250 for equity partner and 20,250 for Street Wise
Miscellaneous Option 1: Owner is a contractor and bought lot to store equipment and does not need it any more for that use, He wants to sell FED EX is by this lot.
Miscellaneous Option 2: With B2 zoning almost any type of business is allowed on this lot. I was thinking of heavily marketing it for a storage facility lot.

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