Active

$1,995,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • sq ft
Overview
  • ID: MFRTB8490694
  • Bedrooms:
  • Bathrooms: 0
  • Size: sq ft
Property Details
Remarks
This is a rare shovel-ready development opportunity in a prime location. This vacant lot comes fully permitted and approved for the construction of six luxury townhomes, allowing a developer to begin building immediately after closing with no entitlement delays. The sale includes complete architectural plans and approved permits for six high-end units, each designed with modern layouts and rooftop terraces that overlook downtown and 9th Street, offering premium views and strong resale or rental appeal. The project has been thoughtfully designed to maximize both square footage and outdoor living space, creating a luxury product that stands out in the market. Opportunities like this are extremely limited — skip the multi-year planning and approval process and move straight to construction. This is a turnkey development site ideal for developers looking for their next high-end townhome project in a growing area.
Financial Considerations
Price:
$1,995,000
HOA Fee:
N/A
Tax Amount:
$11626.69
Price per SqFt:
$160.76
Tax Legal Description:
EAST VIEW ADDITION LOTS 1 AND 2
Exterior Features
Lot Size:
12410
Lot Features:
Buildable, Cleared, Corner Lot, City Limits, Near Public Transit, Sidewalk
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:
Undetermined
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    1201 DR MARTIN LUTHER KING JR ST N
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