RESIDENTIAL LAND 15.5 AC w/House Glen Allen, VA

Property Location MAP

12422 Kain Rd
and 12400 Kain Rd
Glen Allen, VA 23059

Property #: KEY5192

Contact Agent

Linda Terry
Tranzon Key

804-837-1705 Or 888-621-2110 lterry@tranzon.com
NOTE: This listing is for bidding on OFFERING B ONLY - 12400 KAIN RD. Click here for the complete list of offerings.
 
RESIDENTIAL LAND 15.5 AC w/House Glen Allen
  • Bid Online for House w/8.36 AC, adj Land 7.15 AC or BOTH
  • Prime Location N of Broad and I-64 near Short Pump
  • Comprehensive Plan Future Land Use is SR1, for 2.4 units/acre
  • Buy and Hold, Build New, or Develop
 
Explore all the options for this exceptionally well-located property ideal for your dream home, development, or a strategic investment. Two adjacent tax parcels between N Gayton Road and Pouncey Tract, with an access spur via Parrish Crossing Lane, from the neighboring Welwood subdivision AND a platted 20 foot right of way to Pouncey Tract. Henrico's Comprehensive Future Land Use Plan Designates this area as SR1, permitting up to 2.4 units per acre which could mean 18-22 single family homes.
 
Currently zoned A-1; house has 2 year old artesian well and private septic.
 
The 2 tracts are up for individual bids, and an entirety bid for both combined.
 
Offering A: 12422 Kain Rd:
 
2,089 SF house built 1977 (needs updating or demolition) and 2 wood sheds on 8.36 acres
A-1 zoning, 2 yr old artesian well and private septic, propane delivered by Quarles
5 bedrooms, 2 1/2 baths, 2 zone heat pump
 
Parcel ID#: 736-770-3238
2025 Tax Assessment: $598,500
2025 Annual Taxes: $3,798
 
Offering B: 12400 Kain Rd:
 
Raw wooded land adjacent to house parcel 7.15 acres with access spur and right of way
 
Parcel ID#: 736-770-5128
2025 Tax Assessment: $425,400
2025 Annual Taxes: $2,744
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.
 
 

 

 

VAAF423

Directions:

Take N Gayton Rd N across Broad St and I 64; turn left at fire station onto Kain Rd. Property on right, down long drive (house not visible from street).

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Linda Terry

Linda Terry: Tranzon Key

804-837-1705 lterry@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing for the land parcel, 60-Day closing for the house parcel. Sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $5,000 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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