740 Cason Lane, Virginia Beach, VA 23462
Local realty services provided by:ERA Real Estate Professionals
740 Cason Lane,Virginia Beach, VA 23462
$129,900
- 1 Beds
- - Baths
- - sq. ft.
- Single family
- Pending
Listed by: lavette bell
Office: onyx realty professionals llc
MLS#:10646010
Source:VA_REIN
Price summary
- Price:$129,900
About this home
INVESTOR/BUILDER DEVELOPMENT OPPORTUNITY! List price of $129,000 represents the base land value and is NOT the total purchase price. Seller is offering a portion of the existing parcel at 740 Cason Ln, which must be subdivided from the Seller’s residence. The existing home is NOT included in the sale. Total purchase price is $339,900, based on a proposed subdivision designed to potentially create 3 residential building lots from the land being conveyed. Approximately 225' of total road frontage currently exists; proposed subdivision will retain approximately 55' with the Seller’s residence. Land will require clearing. New construction in the area has an average ARV of approximately $452,500. Buyer responsible for verifying subdivision feasibility, zoning, utilities, frontage requirements and all City of Virginia Beach approvals. CASH/Experienced developers preferred. Drive by only—DO NOT DISTURB SELLER.
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Home facts
- Year built:1960
- Listing ID #:10646010
- Updated:October 31, 2026 at 09:12 AM
Rooms and interior
- Bedrooms:1
Structure and exterior
- Year built:1960
- Lot area:0.95 Acres
- Levels:1 Story
Schools
- High school:Bayside
- Middle school:Bayside Middle
- Elementary school:Diamond Springs Elementary School
Finances and disclosures
- Price:$129,900
- Tax amount:$2,400
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