Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Tuesday, February 2, 2021
(view a larger image here)
I'm late to the party. Thankfully, someone asked if this land transfer had happened, and when I looked, I was surprised to find that it had taken place!
As I have mentioned before, Rockingham County had been considering the purchase of approximately 27 Acres between Barrington and Lakewood for stormwater management purposes.
This was the lay of the land back in July 2020...
The County does not have a design for how the property will be used, but according to Lisa Perry, (Environmental and Land Use Manager for Rockingham County) it is safe to say that the low lying areas of the parcel will be used for stormwater storage capacity.My understanding is that only half of the property will be needed for stormwater management and that the County intends to use the other half of the land for a future County park once funding is available to build the park.
I'll work on getting an update on any potential plans for a layout for use of the land.
But in the meantime, I'll point out that the sale of the land has been completed. The "Lake Shenandoah Stormwater Control Authority" purchased 28.878 acres as shown above back in August 2020 for $1,850,000. I'll save you the math and let you know that it sold for approximately $64K per acre.
