Henrico, VA 23231 5138 New Market Road
$369,950
4 more
Presented By: DeAndre Wheeler with Legacy Builders Real Estate Group LLC.
- MLS# 2515094
- 05/29/2025
- Beds • 2
- Baths • 1
- SQFT • 1,071
Beds • 2
Baths • 1
SQFT • 1,071Home Details
Nestled on 6.98 acres of versatile land, this charming brick home offers endless potential in a prime location. The property is zoned B3, allowing for a dynamic mix of commercial, automotive, and recreational opportunities, making it an exceptional investment. This property is entrenched with thousands in timber alone.
Inside the home, you'll find a spacious layout with an upstairs area waiting to be finished—perfect for an additional bedroom and bath to suit your vision. Step onto the screened-in porch and enjoy serene outdoor living, ideal for relaxing or entertaining.
Whether you're looking for a beautiful residential retreat or a strategically positioned property with business potential, this listing offers a rare blend of comfort, space, and commercial flexibility
Presented By: DeAndre Wheeler with Legacy Builders Real Estate Group LLC.
Interior Features for 5138 New Market Road
Bedrooms
Total Bedrooms2
Bathrooms
Half Baths0
Total Baths1
Other Interior Features
LivingAreaSourceAppraiser
Above Grade Finished Area1071.0
Air Conditioning Y/NYes
Basement (Y/N)No
Below Grade Finished Area0.0
Fireplace Y/NNo
Heating Y/NYes
Total Stories1
General for 5138 New Market Road
Additional Parcels Y/NNo
Architectural StyleCapeCod
Attached Garage No
Carport Y/NNo
Construction MaterialsBrick
CoolingCentralAir
CountyHenrico
Electric On Property Y/NNo
Elementary SchoolMehfoud
Full Baths1
Garage Y/NNo
HOANo
HeatingForcedAir, HeatPump, NaturalGas
High SchoolVarina
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size UnitsAcres
MLS Area40 - Henrico
Middle/Junior High SchoolElko
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
OwnershipIndividuals
Ownership TypeSoleProprietor
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NNo
Property ConditionResale
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofAsphalt
Senior Community Y/NNo
SewerSepticTank
Standard StatusActive
StatusActive
Stories1
Subdivision NameAcreage
Tax Annual Amount1893.8
Tax Assessed Value222800
Tax LotB
Tax Year2024
Total Rooms5
Virtual TourClick here
Year Built1951
Year Built DetailsActual
Zoning DescriptionB3
Exterior for 5138 New Market Road
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres6.983
Lot Size Area6.983
Open Parking Y/NNo
SpaNo
Water SourceWell
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Varina High School
Elementary School
Mehfoud Elementary School
Middle School
Elko Middle School
Sarah Cox
Associate