• LOCUST GROVE, VA 22508

  • Vacant Land / Owner Financing

Property Details for null St, LOCUST GROVE, VA 22508

Features

Facts

Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

Some owner financing may be possible! nThe subject property is strategically located on Rt 3, Orange, VA, near the Wilderness Battlefield, and just west of the intersection with Rt 20.nACRES: 10.54nFRONTAGE: 1,700 feetnZONING: agricultural commercial; defined as highest and best use.nThis 10.54 ac was in the path of progress. NOW it is progress. nSurrounded on 3 sides by the proposed Master Planned Community Wilderness Crossing.n10.54 acres, with 1,700 feet frontage on Rt 3; a major 4 lane divided highway. nThe subject property is strategically located in Orange County, VA, close to Walmart site, near the historic Wilderness Battlefield. nThis is a burgeoning area with the subject property in the path of progress. Many major development projects are planed for the area.nPreviously ASSESSED VALUE: $1,550,000 (2010)nLIST PRICE: $850,000nMay be tax credits available to developer. nGood potential for shopping center, hotel, self storage, etc.nLocust Grove is an unincorporated community in eastern Orange County, Virginia. It is a bedroom community for Fredericksburg, VA and points north toward Washington, D.C. While Locust Grove has historically been centered around the intersection of State Routes 20 and 611, most of the current population (and commercial activity) is located along the State Route 3 corridor. Of particularly note is Lake of the Woods; a gated subdivision founded in 1967 as a resort community built around a man-made lake. The main campus of Germanna Community College is in Locust Grove. nDuring the American Civil War, the Battle of the Wilderness; the first time Lee and Grant met on the battlefield was fought here from May 5 to May 7, 1864.

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Property Brokerage: Montague, Miller & Company 105 E. MAIN STREET E ORANGE VA 22960
Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.