$25000 Price Analysis   ♡   Blackstone, VA 23824 2 bed 1 bath 962 SqFt ($25/SqFt) 0.25 acre lot. Built 1940 Listed 2024-05-03, Taxes $79 | ✓ USDA Eligible near Blackstone, VA |
Property to be sold via online auction.
* Sale Pending *Listing price is starting bid. No pre auction offers. Redevelopment Opportunity - 403 N. High Street, Blackstone, Virginia We are proud to present for auction an exceptional redevelopment opportunity at 403 N. High Street, Blackstone, Virginia. This property, along with the adjacent 401 N. High Street, will be sold via online bidding on May 14 at 11 AM. This coordinated sale ensures that the potential investor can secure both properties, combining for a substantial half-acre redevelopment project in a prime location. 403 N. High Street Highlights: - Historical Foundation: Constructed in 1940, this property sits on approximately a quarter-acre. - Renovation Potential: Originally intended for use as an adult home, significant renovation efforts have commenced but were not completed. The existing structure has been stripped down to the studs, providing a clean slate for redevelopment. - Current Condition: The interior requires complete refurbishment as there are no mechanical systems in place.
This allows for full customization according to the new owner's specifications and needs. - Expansin Opportunity: The unfinished renovation offers potential buyers the chance to redesign the space, potentially expanding its use within the health and care sector or adapting it for another commercial or residential venture. Combined Property Potential: The acquisition of both 403 and 401 N. High Street results in a total of half an acre, positioned ideally near the main street corridor and the intersection with SR 40 (Dinwiddie Avenue). This location is highly desirable d ue to its accessibility and visibility, making it an excellent candidate for a significant redevelopment project. Auction Details: - Date: May 14 - Time: 11 AM - Mode: Online Bidding - Special Auction Feature: Bidding on either property extends the bidding on both, facilitating a unified transaction that maximizes the redevelopment potential. This auction represents a unique opportunity for developers, investors or entrepreneurs to capitalize on the strategic location and expansive potential of these combined properties. Ideal for a comprehensive development project, these lots offer unmatched potential in Blackstone's growing community. Interested parties are encouraged to view the properties and participate in the upcoming auction for a chance to undertake a rewarding redevelopment project.
Presented by William Austin at
Double A Auction & Realty.
Property MLS #11275842 from MyStateMLS
Lot Size Square Feet: 10890
Calculated Total Monthly Association Fees: 0
County: 51135
Availability Date: 2024-05-14
Source Property Type: House (Detached)
Parcel Number: 50A19-6-N-3
Property Features: Auction type is Reserved Auction. List price is starting bid.
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $8500 + $8000 $16500 | $79 |
| 2021 | $41700 + $8000 $49700 | $238 |
| 2020 | $41700 + $8000 $49700 | $238 |
| 2019 | $41700 + $8000 $49700 | $238 |
| 2018 | $41700 + $8000 $49700 | $238 |
| 2017 | $48800 + $8000 $56800 | $284 |
| 2016 | $48800 + $8000 $56800 | $266 |
| 2015 | $48800 + $8000 $56800 | $266 |
| 2014 | $48800 + $8000 $56800 | $266 |
| 2013 | $48800 + $8000 $56800 | $266 |
| 2010 | $46900 + $7000 $53900 | $264 |
| 2009 | $46900 + $7000 $53900 | $371 |
| 2005 | $15700 + $4000 $19700 | $110 |
$25000
MyStateMLS
Year Built: 1940
Property Age: 84
Structure Type: Frame
House Style: Ranch
Water Source: Municipal
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.