REDUCED! Approved for 25 Townhome Units! Awaiting final site plan approval and only a few months away! Very rare opportunity with outstanding location directly across from park and the closest piece of raw multifamily land to Shenandoah University! Ingress/egress from Pleasant Valley Road. Ideal for fee simple construction or build-and-hold for an income producing investment. Asking $650,000. Buyer's welcome to present offers. Commercial pad site sold separately MLS# VAWI2001710. Contact Agent for site plan drawings.