James D. and Beverly H. Turner - Page 4

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          Fairfax County, Virginia.  The unimproved realty was situated in            
          a historical district in the general area of Mount Vernon, the              
          home of President George Washington, and adjacent to President              
          Washington’s Grist Mill (Grist Mill).                                       
               Acquisition of the Land for Development                                
               Through several transactions, a 29.3-acre parcel was                   
          conglomerated by petitioner and/or FAC.  One transaction involved           
          the Future Farmers of America (FFA), which owned five lots within           
          this historical district.  One of these lots approximated 5.9               
          acres and was the situs of the FFA’s office building.  Although             
          the 5.9 acres was zoned for residential (classified as R-2), FFA            
          had a special use exception for its commercial office building.             
          But for the special use, the property was zoned residential.  If            
          FFA sold the land and building, the special use would not                   
          automatically pass to the new owner.  The remaining four lots               
          acquired by petitioner were adjacent to the Grist Mill.                     
               During his negotiations for the purchase of the FFA                    
          property, petitioner’s written offer included his belief that the           
          highest and best use for the property was for either “commercial            
          or a combined commercial and residential (town homes)”.                     
          Petitioner expressed the further belief that the highest and best           
          use would require rezoning for increased density, but that “the             
          realities of local politics will not allow the highest and best             
          use.”  The developer of the acquired property would face several            






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Last modified: May 25, 2011