5.16+/- Acres at I-95 Exit 20, Jarratt, VA

EXCELLENT OPPORTUNITY for a new home subdivision or commercial development. Commercial or residential uses are subject to Town Council approval. Located right off Exit 20 on I-95 between Emporia and Petersburg, this prime property features 800'+ of frontage on Allen Road. Currently zoned R-1, maximizing the land with a street, water, and sewer extensions should yield 15 to 20+ homes (buyer to verify with surveyor/sewer contractor). Dominion Power 3-phase transformers are available alongside a 1" main waterline and sewer. List price is the tax-assessed value. Name your price at auction via online bidding on August 10th at 11:00. Sells AS IS, Cash terms, no contingencies. All due diligence to be completed prior to bidding. Buyer's Premium applies. See auction website for info and terms. VAAF 423.