About 740 Cason Ln
INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller’s residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller’s residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.
Features of 740 Cason Ln
| MLS® # | 10646010 |
|---|---|
| Price | $129,900 |
| Bedrooms | 1 |
| Bathrooms | 0.00 |
| Acres | 0.95 |
| Year Built | 1960 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Other |
| Status | Under Contract |
Community Information
| Address | 740 Cason Ln |
|---|---|
| Area | Northwest Virginia Beach |
| Subdivision | LYNBROOK LANDING |
| City | Virginia Beach |
| State | Virginia |
| Zip Code | 23462 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Not Waterfront |
| Has Pool | No |
| Pool | No Pool |
Interior
| Appliances | None |
|---|---|
| Heating | None |
| Cooling | None |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Exterior | Other |
|---|---|
| Roof | Other |
| Foundation | Other |
School Information
| Elementary | Diamond Springs Elementary School |
|---|---|
| Middle | Bayside Middle |
| High | Bayside |
Additional Information
| Days on Market | 5 |
|---|---|
| Zoning | R75 |
| Short Sale | No |
| RE / Bank Owned | No |