SVN | Motleys coordinating sale of two adjacent parcels totaling 8.7 acres in choice location in Stafford, Va.
Foreclosed properties can be bought individually or together at June 12 sale
Richmond, Va. (May 24, 2018) – SVN | Motleys, a founding partner of SVN Accelerated Sales, will conduct the foreclosure sale of two commercial properties comprising 8.7 acres with frontage on a major highway in Stafford, Va., located about 40 miles south of Washington, D.C. The parcels, with a combined tax assessment of nearly $3.8 million, are available separately or as a package.
Interested parties can register at www.motleys.com and www.svnmotleys.com for the sale, which is at 3 p.m. Tuesday, June 12, at Stafford Circuit Court, 1300 Courthouse Road.
“This is an outstanding commercial development opportunity in an area with high visibility and easy access,” said Tim Dudley, CAI, AARE, senior advisor for SVN | Motleys. “The properties are ideal for retail, office, hotel, ministorage or many other uses.”
The parcels are at the intersection of U.S. Highway 1 and Port Aquia Drive in the Port Aquia Commercial District and are surrounded by hotels, shopping centers and restaurants. The Port Aquia townhome community is a short walk from the sites, which combined feature 868 feet of frontage on U.S. 1 and are bisected by Port Aquia Drive.
Lot 1 is nearly 4 acres and is wooded with about 511 feet of frontage on U.S. 1 and 722 feet on Port Aquia Drive. Its tax assessment is more than $1.7 million. Lot 2 totals 4.74 acres and also is wooded, with about 357 feet of frontage on U.S. 1 and 639 feet on Port Aquia Drive. Its tax assessment is more than $2 million.
Utilities are available to each site, which feature an average daily traffic count on U.S. 1 in excess of 28,000, with easy access to Interstate 95.
About SVN Accelerated Sales
SVN Accelerated Sales is a provider of date-specific sales and special asset solutions. It encompasses an elite group of local and regional accelerated marketing advisors throughout the United States who specialize in accelerated marketing services for commercial real estate assets. SVN Accelerated Sales offers the industry’s most comprehensive spectrum of auction solutions — from rapid asset resolution and 30-day countdown asset sales to wide area and high impact/high promotion events. As part of one of the most recognized and reputable commercial real estate firms in the industry, SVN Accelerated Sales is supported by SVN International, which features 200 locations serving more than 500 markets. This relationship provides outstanding opportunities for SVN Accelerated Sales to serve clients needing to move assets in accelerated timeframes and creates significant value for buyers and sellers. For more information, visit SVN Accelerated Sales.
Tim Dudley, CAI, AARE, senior advisor, SVN | Motleys / 804-822-3131 [email protected]
Ken Zeszutko, Z-Corp PR and Digital Marketing / 321-213-1818