Cresthaven Lane, Lot 12

• Income Maximization Site
• Low Entry Owner Financing Over Time
• Capture Modular or Workforce Housing Footprint
• No Restrictive Zoning
• If Modular Land/Home Defaults Repo and Sell Again

Property Description

Investment Highlights Low-cost basis with small-lot scalability At $21,750 for approximately 1.004 acres, the offering provides control of a full acre-sized homesite at a modest entry point. This pricing reduces basis risk and provides smaller private investors with a practical avenue to pursue development, hold, or resale strategies without institutional-sized capital. Owner-financing structure can widen the buyer pool The marketing package highlights possible owner financing and a low-down-payment structure. That feature can improve acquisition accessibility, preserve buyer liquidity for site work or housing improvements, and create flexibility that is often unavailable in conventional land financing. Positioned for modular or workforce housing strategies The offering is framed around a fast footprint for workforce or modular housing, aligning the site with lower-cost housing formats that can be executed on smaller parcels. For buyers focused on an attainable housing product, the parcel size and price point support a relatively straightforward land component in the total project budget. Flexible land-use profile supports multiple exit paths The property is marketed with non-specified zoning and no restrictive zoning, which may allow a broader set of residential or alternative land uses subject to local approvals. That flexibility can increase optionality by allowing a buyer to evaluate development, placement, hold, or resale scenarios rather than underwriting to a single narrow use case. Rural setting with established community anchors nearby The Patrick location benefits from proximity to local destinations including the Patrick Historical Museum and Patrick State Park, along with nearby retailers and businesses. This context supports the parcel’s appeal for users seeking a quieter, small-town setting while retaining access to everyday services and recreation. Demographic profile supports a stable local ownership base Within one mile of the site, the area includes 67 households, an average household income of $104,886, and average home values of $134,173. While the immediate population density is limited, the income and housing value data indicate an established rural-residential market rather than a purely speculative outlying location. Potential for income-oriented structuring The marketing materials position the parcel as an income-maximization site, including the option to pair the land with modular housing. For investors comfortable with small-balance, higher-touch strategies, the site may support creative installment-sale, home-placement, or resale structures that extend beyond a simple land flip. Clear upside paired with a basis-driven risk framework The opportunity’s appeal rests less on current cash flow and more on acquiring a low-cost parcel with multiple potential use cases. For buyers who underwrite carefully around title, zoning, and closing structure, the modest acquisition price can provide room to absorb entitlement and execution work while still targeting attractive total-basis economics. Introducing a prime investment opportunity in the heart of Patrick, SC. This property, featuring Non Specified zoning, presents endless potential for development in a booming area. With a strategic location in the thriving Patrick area, this parcel offers the ideal setting for land and other investors seeking to capitalize on its promising future. Make your mark in this vibrant community and explore the possibilities for commercial or residential ventures at this sought-after location. $21,750.00 Sales Price | Possible Owner Financing. Commission Structure is a $3,250.00 Flat Fee Split Between the Listing and the Selling Brokerage if a selling brokerage is involved. Property transfers at closing or seller financing payoff. Property "AS IS, WHERE IS". All potential uses are subject to Buyer Due Diligence with Chesterfield County Planning and Zoning. Discuss a possible low downstroke and Seller Financing of the balance. Solely Buyer Due Diligence Responsibility. Purchased at a tax sale. Research neighborhood development standards solely via buyer due diligence. No suit to quiet title performed or to be performed by Seller. Closing costs are the buyer's costs other than the basics. The seller will execute a Quitclaim Deed at his cost, and the Attorney will focus on the other costs and the Buyer's costs on the Buyer's nickel. OWNER FINANCING MAKES IT EASY.