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INVESTMENT HIGHLIGHTS
- beautiful 800 plus foot waterfront on a 21+ acre multi-family parcel
EXECUTIVE SUMMARY
21+ acre lote lot zoned multifamily. 800 plus feet of lakefront.
Property has utilities on the road: water, sewer, communications and electricity.
Zoning allows for up to 16 units per acre , but might be ideal for project with less density.
Property is currently " green-belted " with cattle.
These property is 100 feet above sea level.
Seller will provide short-term financing with 50 % down payment for up to 3 Years. ( interest only/balloon loan, fixed 6% annual interest rate, with no prepayment penalty).
Property has utilities on the road: water, sewer, communications and electricity.
Zoning allows for up to 16 units per acre , but might be ideal for project with less density.
Property is currently " green-belted " with cattle.
These property is 100 feet above sea level.
Seller will provide short-term financing with 50 % down payment for up to 3 Years. ( interest only/balloon loan, fixed 6% annual interest rate, with no prepayment penalty).
PROPERTY FACTS
| Price | $3,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| Sale Condition | Bulk/Portfolio Sale | Total Lot Size | 21.32 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | R3 - Multi Family residential zoning, R3 allows 16 units per acre | ||
| Price | $3,500,000 |
| Sale Type | Investment |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 21.32 AC |
| Opportunity Zone |
Yes |
| Zoning | R3 - Multi Family residential zoning, R3 allows 16 units per acre |
1 LOT AVAILABLE
Lot 1
| Price | $3,500,000 | Lot Size | 21.32 AC |
| Price Per AC | $164,172.80 |
| Price | $3,500,000 |
| Price Per AC | $164,172.80 |
| Lot Size | 21.32 AC |
21+ acre lote lot zoned multifamily. 800 plus feet of lakefront. Property has utilities on the road: water, sewer, communications and electricity. Zoning allows for up to 16 units per acre , but might be ideal for project with less density
PROPERTY TAXES
| Parcel Number | A-12-34-28-050-0000-0010 | Improvements Assessment | $0 |
| Land Assessment | $319,800 | Total Assessment | $319,800 |
PROPERTY TAXES
Parcel Number
A-12-34-28-050-0000-0010
Land Assessment
$319,800
Improvements Assessment
$0
Total Assessment
$319,800
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1800 E Claradge Ave
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