Caribbean MLSReal Estate

Commercial Lot in St. Croix

Not published

The brief

The reason to consider it.

Prime flat commercial lot in a high traffic area! This 3.93 acres lot is conveniently located on the southeast corner of busy Melvin H. Evans Highway and West Airport Road. This is very close to the Henry E. Rohlsen Airport and the residential estate of Enfield Green. With paved public roads, a traffic light to slow and control traffic, and electric nearby, this is a fantastic opportunity to create a wonderful business! The location, visibility, and access for your business is unparalleled. There are so many possibilities for this fantastic site! Buyer must consult with the Virgin Islands Port Authority and Federal Aviation Administration about building height limits. The adjacent parcel, Remainder 28 Diamond, is also for sale (MLS#22-694) for additional 12.27 acres.

Last confirmed

Type
Land
Land
171,157 ft²
Zoning
C
Topography
flat
Electricity
Yes
Permitted uses
Commercial, Industrial, Business

What this listing includes

  • Parking
  • On-site security

What people say about US Virgin Islands

Sources agree that the US Virgin Islands is simple to enter for Americans, since it is US territory, but costly to run once there.

  • Concern WAPA electricity is expensive and outages are routine; backup power is treated as standard
  • Concern Insurance is a hard market: higher premiums, large percentage windstorm deductibles, trouble for wood-frame homes; flood is separate
  • Mixed Closings are attorney-led, take longer than on the mainland, and need a USVI-licensed lender; surveys matter on irregular hillside lots
  • Mixed Condo costs are driven by windstorm insurance; check reserves and master policy before buying

Read what people say, based on 14 sources

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law