Prime 9.23-acre flat lot (3 lots) approved for the development of 79 townhomes. Zoning and site plan are fully approved, with plats currently in process. This shovel-ready project is located in a high-demand residential area with strong demographics and consistent population growth. Ideal for developers or investors seeking a profitable opportunity in a thriving market. Conveniently located with easy access to major roads, shopping centers, schools, and local amenities. The property offers excellent long-term value with high ROI potential and strong end-user appeal in a desirable location.
Financial Considerations
Price:
$6,999,000
HOA Fee:
N/A
Tax Amount:
$3709.41
Price per SqFt:
$17.41
Tax Legal Description:
E 130 FT OF E 1/2 OF SW 1/4 OF SE 1/4 OF SW 1/4 LESS R/W FOR LINEBAUGH AVE BEG AT SE COR OF SW 1/4 RUN N 88 DEG 52 MIN 16 SEC W 794.84 FT FOR POB THN N 01 DEG 39 SEC W 106.23 FT S 86 DEG 21 MIN 27 SEC E 130.43 FT S 01 DEG 39 SEC E 100.51 FT & N 88 DEG 52 MIN 16 SEC W 130.07 FT TO POB