508 Savannah Avenue

Description

2.34 acres Zoned B3 for most business types, in Opportunity Zone: This sale consists of 3 lots w/267' on Meadowbridge, 453' on Richmond-Henrico Trnpk and 140' on Savannah Rd. The lot is open and mostly paved. There is a 6,000sf single-story commercial building on the Meadowbridge lot and a 1100sf bungalow on Savannah. Both are sold 'AS IS'. There are 2 small cell towers easements. Plans for $22.5 million enhancement project from Richmond-Henrico Turnpike and Laburnum Ave, south with 6-lane widening project, sidewalks, bike lanes, landscaping and new water main, resulting from The AMAZON 247acre, 822,833 sf Robotics Fulfillment Center is located .5mile from this property, next to the Richmond International Raceway. The robotics center is the first of its kind in Central Virginia and occupies 119 acres at 5901 Richmond Henrico Turnpike, with access to Interstate 95 and roughly 4 miles from Interstate 295. The development is expected to add more than 1,000 new jobs. In addition to new residential and retail developments, a massive five-story, 2.6-million square-foot warehouse complex on 247 acres north of RIR is being developed. MLS# 2126772 & 2319912 included with this parcel.