Property Description

Opportunity to build in one of Richmond's strongest development corridors. Corner positioning near Boggs Lane and Big Hill Avenue gives this site excellent visibility and access, with close proximity to EKU, downtown Richmond, and the Eastern Bypass growth corridor. Zoned R-3 and reportedly suited for a 4-plex configuration, this lot fits the current demand trend toward small multifamily development and workforce housing. The surrounding area has seen continued mixed-use and redevelopment activity, including nearby commercial assemblages and higher-density investment properties along Big Hill Avenue With Richmond continuing to experience population and rental growth, smaller multifamily projects remain attractive due to limited inventory and increasing housing demand. This parcel offers a rare chance to build in an established, centrally located corridor where developable lots are becoming harder to find.

Property Features