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12504 Purcell Road

Manassas VA 20112

2396919 sq. ft.
Land
Currently for sale - view listing

Overview

SRG Commercial, is pleased to present an exceptional residential development opportunity on Purcell Road in Manassas, Virginia. This prime property offers the potential to create an exclusive enclave of 22 estate-style homes on spacious 1+ acre lots, catering to the growing demand for luxury living in a serene yet accessible location. Nestled in the desirable Manassas area, the property provides a tranquil, estate-style living environment while maintaining convenient access to major roadways, shopping, dining, and recreational facilities. This strategic location ensures both high desirability and strong market demand. This opportunity is ideal for developers looking to capitalize on the growing luxury housing market, delivering a high-end residential community with significant equity growth and profitability. Investment Highlights: 22 Estate Style homes? 1+ acre lots Large footprint homes 50x60 ft (can always go smaller)? Estimated development costs of $211,470.08 Septic and well water Proffers are fixed at $6000/lot? Site plan approval in 5-6 months $1.5M ARV per unit once built

Features

2396919 sq. ft. lot size
Land

Happy sellers in Manassas

94%
94% of sellers in Manassas reported that their sale price either exceeded or met their price expectations.

Manassas stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Manassas over the last 12 months.

Local market activity for land plots in Manassas

In the last 12 months, 11 land plots similar to 12504 Purcell Road, have been sold.

This represents a 32% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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