2029 Ford Avenue, Richmond, VA 23223

Property Description

Court-ordered online auction ending November 19. Sale subject to U.S. Bankruptcy Court approval. The list price is the suggested opening bid and may not reflect the final sale price. Seller will not accept pre-auction offers. Build, hold, or assemble: an East End lot minutes from downtown Richmond. 2029 Ford Avenue is being sold at online auction by order of the U.S. Bankruptcy Court. Bidding closes Thursday, November 19, 2026. Court-supervised sales like this rarely come to market through a traditional listing. THE PROPERTY Vacant residential lot in Richmond's East End, just off US Route 360 (Fairfield Way). About 2,549 SF (0.059 acres) with 22 ft of frontage on Ford Ave, irregular in shape, running roughly 135-140 ft deep to a 20 ft rear line. A two-story single-family house stood here until 2019. The lot appears to be a buildable nonconforming lot of record, but the City has not confirmed this; buyers should verify. WHY IT WORKS Builders: Zoned R-5 Single-Family and previously held a home, on a block of similarly sized lots - a natural fit for narrow-lot infill. Investors: Adjoining lots at 2027 and 2031 Ford Ave are both vacant. Combined with 2031 alone, the site would total about 6,575 SF with 57 ft of frontage. Richmond is also rewriting its zoning code for the first time in about 50 years, with a stated goal of expanding housing options. Review the draft map for this block at rva.gov/coderefresh. Low holding cost: Taxes about $372/year at the current $31,000 assessment. Flood Zone X: Outside the 100- and 500-year floodplains; flood insurance not federally required. DO YOUR HOMEWORK, THEN BID The Buyer Information Sheet in the documents section covers City water and sewer connection fees, utility contacts, zoning, and flood data so you can run your numbers before bidding closes. Information is believed reliable but not guaranteed; bidders should complete their own due diligence. Register today to bid Check Virtual tour info.