6717 Catlett Road

6717 Catlett Road Bealeton, VA 22712

FOR SALE
Property Type:
Commercial Land Development
Amount:
$2,250,000
Last Verified:
Oct 06, 2022

Highlights

  • 26-acre parcel
  • Zoned R-1 - approved for residential development
  • Approved for Nineteen (19) new homes on half acre lots
  • 1,200' of road frontage on Catlett Road
  • 2 miles from the Bealeton Shopping Center
  • Views of the Blue Ridge
  • Close to Warrenton and all major commuting routes
  • 10 minutes south of Routes 15/29 and 17
  • Public water, sewer and electricity is on site

Description

Beautifully situated in southern Fauquier County with views of the Blue Ridge yet close to Warrenton and all major commuting routes. Excellent opportunity to build a new community of homes in an established residential area only 10 minutes south of the highly traveled and well-known intersection of Routes 15/29 and 17. Residential construction is approved by right and a detailed subdivision plan has already been submitted to Fauquier County and was approved on August 4, 2022. The site plan includes new home parcels, streets, common areas, ponds, conservation easements, and right-of-way for a secondary entrance at the rear of the property. Public water and sewer is provided by Fauquier County Water and Sanitation and electricity is on site. Parcel is adjacent to the residential community of Edgewood and across the street from Southcoate Village (built by Ryan Homes in 2005-2006). Bealeton is experiencing a high demand for new homes with multiple successful, sold-out developments as well as additional developments underway. Our property us well-positioned for the custom home builder that services a higher price point in the Fauquier County market.

Ideally located on Catlett Road (Route 28) between Marsh Road (Route 17) and James Madison Hwy (Route 15/29), offering 1,200' of road frontage on Catlett Road and just two miles from Bealeton Village Center.

Lot Size: 26.15 acres

Map of 6717 Catlett Road, Bealeton, VA, 22712

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.