For Sale

Listed by Khaled Al hajbeh from Samson Properties

Source: Bright MLS #VAPW2088506

12504 Purcell Road, Manassas, VA, 20112

$7,000,000

2396919 sq. ft.

Land

30+ days on the market

What's around 12504 Purcell Road

About this property

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

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