Active

$299,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFROM696126
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
Prime 1.13-Acre Lot for Sale – Zoned RO in Marion County This exceptional 1.13-acre parcel, zoned Residential Office (RO), offers a unique opportunity for development in a desirable location. An adjacent 1.13-acre lot is also available, making it possible to secure a combined 2.26 acres for a larger project. Located in a high-visibility area with easy access to major roads, this property is perfect for business, residential, or mixed-use projects. With Marion County's continued growth, this lot presents a versatile and valuable opportunity for developers or investors. The rear 25% of the property is zoned R1, allowing for single-family homes, two-family dwellings (duplexes), and small businesses such as hair salons (up to 3 stations), medical offices, and dental offices. The RO zoning permits a mix of office and residential use, making it ideal for live-work spaces or mixed-use developments. For greater development potential, the property can be rezoned to R3, allowing for a multifamily development with up to 18 units per acre, totaling 41 units across both lots. Duplex development requires a 100-foot frontage per unit, providing additional residential opportunities. Don’t miss out on this fantastic opportunity to develop a versatile property in a thriving area.
Financial Considerations
Price:
$299,000
HOA Fee:
N/A
Tax Amount:
$1560
Price per SqFt:
$6.07
Tax Legal Description:
SEC 09 TWP 15 RGE 22 THE W 1/2 OF THE FOLLOWING DESCRIBED: COM AT SW COR OF NW 1/4 OF SW 1/4 TH N 25 FT TO ON N ROW OF NE 10TH ST TH CONT N 00-00-00 E 1255.32 FT TO S ROW OF NE 14TH ST TH S 89-57-46 E 330.51 FT TO POB TH CONT S 89-57-46 E 230.50 FT T H S 00-01-21 E 428.42 FT TH N 89-57-46 W 230.59 FT TH N 00-00-39 E 428.42 FT TO POB
Exterior Features
Lot Size:
49223
Lot Features:
N/A
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
N/A
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
N/A
Cooling:
N/A
Appliances:
N/A
Furnished:
No
Floor:
N/A
Levels:
N/A
Additional Features
Property Sub Type:
N/A
Style:
N/A
Year Built:
N/A
Construction Type:
N/A
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
N/A
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    NE 14TH ST
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