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    Austin Ridge Drive

    STAFFORD, VA 22554
    • $350,000
    • STATUS: Closed
    • ON SITE: 37 days
    • ID#: VAST230964
    Sold - 05/06/2021
    $350,000
    SOLD - 05/06/2021
    • 0
      BEDS
    • 24.36
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Valuable 24+ acres with ultra-high visibility from I-95 in Stafford! A rarely available opportunity to purchase and hold undeveloped land with future commercial development possibilities! Located in the northwest quadrant of the I-95/Route 630 interchange (Exit 140), just one mile west of the Stafford Courthouse, in Stafford County, Virginia. Stafford County is strategically located along the I-95 corridor, 30 miles south of Washington, D.C. One of the fastest growing counties in the state, Stafford+GGs growth has been fueled primarily by migration from the Washington Metropolitan Area by people seeking to avoid the congestion and high housing prices. The County has increasingly become home to commuters who still work in Northern Virginia and Washington because of the quality of work and higher pay available there. Stafford County is ranked 11th in the nation for highest median income and is ranked 2nd for job growth and 4th for business growth in Virginia, a state consistently rated at the top nationally for its favorable business climate. The designated "Growth Areas" of the County have been developing into medium density urban areas. These portions of the County portray a suburban setting, with modern transportation networks, shopping facilities, some office and industrial parks, and over 600 residential subdivisions. Schools and regional shopping are conveniently located while commuter rail connects the area to Northern VA and Washington, D.C. The Courthouse Road corridor west of I-95 has nearly 3,000 homes and 1.4 million SF of new commercial in the development pipeline with an annual population growth of 5%. There are 40 active residential developments within a 5 mile radius: 1) Embrey Mill subdivision is located on Route 630 and Austin Ridge Drive, just west of the subject. That 831 acre project is being developed with 1,291 detached homes, 311 attached homes, retail shopping centers, schools, and recreation facilities. 2) Augustine Homes is selling its new Colonial Forge subdivision, which may include up to 538 homes, located off Courthouse Road next to Colonial Forge High School. 3) George Washington-South is in the planning stage. Totaling 858 acres, this mixed-used development is currently planned to include 1,550 single-family detached homes, 300 townhouse units, 750 multi-family units and 1.0 million SF of commercial. Located at an I-95 interchange offering 137,000 annual average daily traffic (AADT), various road improvements increase the value of site including improvements of the interchange itself, expansion of the Park and Ride Lot to 1,100 parking spaces, and widening of Rt. 630/Courthouse Road from two to four lanes. The Jeff Rouse Swim & Sport Center supports indoor year-round athletic activities while the outdoor fields at Embrey Mill Park can support football, lacrosse, and soccer. A new Publix grocery store is just down the street from the site. Marine Corps Base Quantico is only ten miles away, with roughly 25,000 military and civilian personnel. Parcel Tax ID 29-66B.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Dale Realty Co. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-16T15:51:32.177.
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    Austin Ridge Drive STAFFORD, VA 22554

    • Price: $950,000
    • Status: Closed
    • Updated: 40 min ago
    • ID#: VAST230964
    0
    Beds
    0
    Baths
    0
    ½ Baths
    24.36
    Acres
    Neighborhood:
    Austin Ridge
    County:
    Stafford
    School District:
    Stafford County Public Schools
    Property Description
    Valuable 24+ acres with ultra-high visibility from I-95 in Stafford! A rarely available opportunity to purchase and hold undeveloped land with future commercial development possibilities! Located in the northwest quadrant of the I-95/Route 630 interchange (Exit 140), just one mile west of the Stafford Courthouse, in Stafford County, Virginia. Stafford County is strategically located along the I-95 corridor, 30 miles south of Washington, D.C. One of the fastest growing counties in the state, Stafford+GGs growth has been fueled primarily by migration from the Washington Metropolitan Area by people seeking to avoid the congestion and high housing prices. The County has increasingly become home to commuters who still work in Northern Virginia and Washington because of the quality of work and higher pay available there. Stafford County is ranked 11th in the nation for highest median income and is ranked 2nd for job growth and 4th for business growth in Virginia, a state consistently rated at the top nationally for its favorable business climate. The designated "Growth Areas" of the County have been developing into medium density urban areas. These portions of the County portray a suburban setting, with modern transportation networks, shopping facilities, some office and industrial parks, and over 600 residential subdivisions. Schools and regional shopping are conveniently located while commuter rail connects the area to Northern VA and Washington, D.C. The Courthouse Road corridor west of I-95 has nearly 3,000 homes and 1.4 million SF of new commercial in the development pipeline with an annual population growth of 5%. There are 40 active residential developments within a 5 mile radius: 1) Embrey Mill subdivision is located on Route 630 and Austin Ridge Drive, just west of the subject. That 831 acre project is being developed with 1,291 detached homes, 311 attached homes, retail shopping centers, schools, and recreation facilities. 2) Augustine Homes is selling its new Colonial Forge subdivision, which may include up to 538 homes, located off Courthouse Road next to Colonial Forge High School. 3) George Washington-South is in the planning stage. Totaling 858 acres, this mixed-used development is currently planned to include 1,550 single-family detached homes, 300 townhouse units, 750 multi-family units and 1.0 million SF of commercial. Located at an I-95 interchange offering 137,000 annual average daily traffic (AADT), various road improvements increase the value of site including improvements of the interchange itself, expansion of the Park and Ride Lot to 1,100 parking spaces, and widening of Rt. 630/Courthouse Road from two to four lanes. The Jeff Rouse Swim & Sport Center supports indoor year-round athletic activities while the outdoor fields at Embrey Mill Park can support football, lacrosse, and soccer. A new Publix grocery store is just down the street from the site. Marine Corps Base Quantico is only ten miles away, with roughly 25,000 military and civilian personnel. Parcel Tax ID 29-66B.
    Exterior Features

    Garage YN No Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Property Features

    Assessment Year 2020 Association YN No Buyer Financing Cash Central Air YN No Close Sale Terms Reo (Real Estate Owned) Construction Completed YN No Current Use Land/Lot Only Navigable Water YN N New Construction YN No Original MLSNumber 304549521402 Ownership Interest Fee Simple Possession Settlement Property Sub Type Land Sale Type Standard Sewer No Sewer System Tax Annual Amount 15426.00 Tax Assessment Amount 1590400.00 Vacation Rental YN No Water Source None Zoning B2 Zoning Description Urban CommercialFor Future Mixed Commercial Development

    Listing courtesy of Century 21 Commercial New Millennium.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Century 21 Dale Realty Co. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-16T15:51:32.177.
     
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