For Sale
For Sale
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Overview
This acreage is a great development opportunity zoned R-P. I have negotiated to assemble this parcel with 2 adjacent parcels for a total of 25.9 acres. The 2 adjacent parcels are zoned M-F multi-family. Retain the 3.65 acres of road frontage for office/professional. Develop apartments on the remaining 22.25 acres, at 18 units per acre, is a possible 400 units. The three parcels can be purchased for a total $756,000 for a land cost of $1890 per unit, with 3.65 acres of R-P or Commercial for free. Existing curb cut and median cut is directly in front of property. Call me for more information on this ideal Multi-Family development, it will not remain on the market long.
Property Details
This acreage is a great development opportunity zoned R-P. I have negotiated to assemble this parcel with 2 adjacent parcels for a total of 25.9 acres. The 2 adjacent parcels are zoned M-F multi-family. Retain the 3.65 acres of road frontage for office/professional. Develop apartments on the remaining 22.25 acres, at 18 units per acre, is a possible 400 units. The three parcels can be purchased for a total $756,000 for a land cost of $1890 per unit, with 3.65 acres of R-P or Commercial for free. Existing curb cut and median cut is directly in front of property. Call me for more information on this ideal Multi-Family development, it will not remain on the market long.
- Property TypeLand, Office
- Sale Price$396,000
- Total Acres9.95
- ZoningR-P
- Property ID1217502