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Foreclosure: Lender Sale 49.46 Acres
Below, Double Click to view and/or print; Satellite Imagery showing Subject in relation to:
___________________________________________________________ Price Reduced to: $490,000 Stafford County tax assessment, 2011: $856,900 (at 54 acres) ____________________________________________________ Value of Development
February 7, 2012 12:10 am Source: Free Lance Star newspaper; www.Fredericksburg.com BY BILL FREEHLING A joint venture involving one of the nation's largest private developers of residential communities is betting in the ballpark of $200 million on the future of Stafford County's housing market. Newland Real Estate Group and North America Sekisui House (NASH) last month purchased 831 acres in Stafford's planned Embrey Mill subdivision for $36 million, according to county property records. NASH is a subsidiary of Japan's largest homebuilder. San Diego-based Newland has residential investments throughout the country and is developing Ladysmith Village in Caroline County. The purchase gives the joint venture, which has recently acquired numerous other master-planned communities in the United States, the right to develop about 1,800 houses at Embrey Mill, including both single-family houses and townhomes ________________________________________________________________________________________
Overall, this tract is for someone who can hold it till the public utilities are brought up closer to the property. CONTACT: Stafford County Department of Utilities: Please NOTE: This tact was 54 acres. Stafford County recently purchased about 5 acres of this tract for improvements to Poplar Road to include widening, provision for future rights of way, and storm water detention ponds. Most of the land purchased was wetlands for the SWM.
Click HERE for copy of deed of conveyance of land and wetlands to Stafford County
Click HERE for plats of survey of above conveyance ____________________________________________________________ In the Path of Growth Designated Growth Area in Comprehensive Plan Urban Services Area for public utilities
Subject is: Stafford County Tax Map # 36; Parcel 22 Use the tax map ID numbers when making inquiries with Stafford County Planning and Zoning offices. Stafford County Office of Planning and Zoning, contact information: 1300 Courthouse Road; Stafford, VA 22554. Phone: 540.658.8668; Fax: 540.658.4568 Hours: M-F; 8 am to 4:30 pm
___________________________________________________________ Nice Neighborhood Property Next Door is 16 Acres for $2,000,000
Subject 49 Acres is contiguous to the 16 Acres, directly, above, fronting Poplar & Truslow Roads
Retrieved 08 June 2011: http://looplink.richmond.cbre.com/ll/16408054/Poplar-Road-Warrenton-Road-US-17/ _________________________________________________
Above, view of property across Truslow Road from Subject Tract.
___________________________________________________________________ Future Land Use Map; Stafford County Comprehensive Plan Subject is:
Below, Legend for the Comprehensive Future Land Use Map, above.
_____________________________________________________________________ Public Utilities
Above, data from Stafford County Utilities is deemed reliable, but NOT guaranteed; it is an approximation. Overall, the Subject tract is about 3.4/ mile or so from public utilities. BEST course of action is to wait for the developer of a very large project to bring the utilities up to his project and hence, near the Subject Tract. Also, the developer of the 16 acres next to Subject would have to bring the utilities up to make that project work. Good news is that the Subject tract is in the Urban Development Area, which allows for the extension of public utilities. Below, double click to see the location of the big project to the north west of Subject.
_____________________________________________________ Geo-Physical
At left, double click to access USDA Soils Report
Below, Double Click for Wetlands Report and Map; about 3 to 4 acres of the wetlands were sold to Stafford County for storm water detention ponds for an enlargement of Poplar Road, contiguous to Subject.
Please NOTE: it is not possible to 'pave' an entire site. A percentage of the site must be kept in "Open Space", per the Stafford County zoning code. As an example: B-2, Urban Commercial requires a minimum of 25% Open Space; the Residential-1 District requires 50% Open Space; The R-2 District requires a minimum of 25% Open Space. _____________________________________________________________________ Stafford Zoning Click HERE for a PDF summary of the Stafford County Zoning Districts, circa 2011. _______________________________________________________________________ Please NOTE: Information and comments are not guaranteed in terms of accuracy and/or scope. You are urged to independently verify and investigate any and all information and/or circumstances. Mr. Alex Long, ALC, CCIM, AICP 540.371.8700 Licensed in Virginia Weichert Realtors 1955 Jefferson Davis Hwy, Suite 201; Fredericksburg, VA 22401
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Source:
CB Richard Ellis;
