One or more photo(s) has been virtually staged. Rare high-density development opportunity! This property is zoned R-3, allowing for up to 9 residential units for each acre, with the potential for up to 12 total units on site. Ideal for investors and builders seeking strong income-producing potential, this parcel offers the ability to maximize density, subject to site planning requirements including stormwater management and parking. With continued growth in the area and demand for housing on the rise, this is a prime opportunity to develop a multi-family or high-density residential project.
Financial Considerations
Price:
$700,000
HOA Fee:
N/A
Tax Amount:
$1214.67
Price per SqFt:
$11.23
Tax Legal Description:
BEG 490 YDS S OF NW COR OF SW1/4 RUN S 160 FT E 420 FT N 160 FT W 420 FT TO BEG OR 131 PG 781