$500,000

RARE OPPORTUNITY TO BUILD IN THE CITY OF ALEXANDRIA! Discover the potential of this approximately 11,000-square-foot (0.25-acre) residential lot, ideally located along Seminary Road with convenient access to Bailey’s Crossroads, Arlington, the Village at Shirlington, Old Town Alexandria, and Washington, DC. Enjoy nearby shopping, dining, parks, and entertainment, along with easy access to I-395 and major commuter routes. SIGNIFICANT DEVELOPMENT WORK ALREADY COMPLETED! The previous residence has been demolished, and the seller obtained City Council approval of a Special Use Permit (SUP) for redevelopment with a new two-story single-family residence of approximately 3,250 square feet. The property is zoned R-12, with a maximum Floor Area Ratio (FAR) of 0.30, equivalent to approximately 3,300 square feet of allowable floor area based on the lot size, subject to applicable zoning requirements and City approval. The project also progressed through extensive civil engineering and site planning, including an approved grading plan, stormwater management design, erosion and sediment control, and landscaping plans. A VALUABLE HEAD START FOR BUILDERS AND BUYERS! The substantial prior development work and documentation provide valuable insight into the property’s redevelopment potential and previously approved design. Contact the listing agent for additional information regarding the development history and current status of prior approvals. Whether you’re a custom-home buyer looking to build your dream home or a builder or investor seeking an opportunity in an established Alexandria location, this property offers exciting possibilities! PLEASE REFER TO THE DOCUMENTS UPLOADED IN BRIGHT MLS for the prior SUP, grading plans, and available engineering and development documentation. PLEASE NOTE: Property boundary lines shown in photographs, aerial images, and any property markers depicted or placed on the land are approximate and for illustrative purposes only. They do not constitute a survey or establish exact property boundaries. Buyers should independently verify property boundaries, zoning requirements, development feasibility, and all necessary approvals with the City of Alexandria.