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Portfolio Sale for Residential Development

Market Price

10299 South Grant Avenue, Manassas, VA 20110

Active
Last Updated: 02/02/2025

10 acres

Lot Area

A

Class

Details:
Lot Area:    10 acres
Class:    A
Description:

Explore a prime investment with this 10-acre land package, featuring two parcels zoned Agricultural in Prince William County and one R-2 zoned acre in the City of Manassas. Approved with 25-foot road access from South Grant Avenue, this property offers 8 buildable acres potentially suitable for 7 single-family homes with regular or family subdivisions approval. Covered with natural woodland, it presents a unique development opportunity in Northern Virginia's sought-after real estate market. With public water available on the Cabin Ridge Court side, and public sewer available up to the neighboring Hamlet division, it's perfectly positioned for a new residential project or strategic land investment, capitalizing on the area's growing demand for housing.

In Manassas, VA, the properties at 10299, 10305 S Grant Ave, and 8560 Oakview Dr offer a prime residential development chance near amenities like Harris Teeter and key routes I-66 and Route 28. With a median income of $105K, a median age of 37, and a 5% population increase since 2021, the community is affluent and growing. The current renter-to-homeowner ratio is 1:3, expected to shift to 1:4 by 2028, reflecting a rising demand for homeownership. This makes the properties ideal for development in a market poised for growth.

Prospective buyers be aware that the seller is not liable for the injuries while walking through the property.

Map:
Documents:
Title
OM-_Portfolio_Sale_for_residential_Devlopmnt.pdf
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