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Investment Highlights
- 37000 Cars a day frontage
- Elementary School across street
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,750,000 | Lot Size | 6.27 AC |
| Price Per AC | $279,106.86 |
| Price | $1,750,000 |
| Price Per AC | $279,106.86 |
| Lot Size | 6.27 AC |
Most fronting 4.25 acres of the site high dry and buildable, somewhere between 40-60 units for this site realistic
Description
No brainer SFH building site, with in-place zoning. Save yourself lengthy approvals, time wasted, just submit and build. 9/units an acre, 37000 cars a day, dead middle of everything, and an elementary school directly across the street. The property pencils out easily for raw land, comps from nearby housing stock (roughly 10+ years old) selling in the upper 400's. Would also make an solid ALF option to build. A nice bonus, the property has 7 total rentals at current. They produce roughly $5000/mo in Gross income to help offset any holding/horizontal costs along the way. No other parcel of this size exists this far west, no new construction to compete with.
Property Taxes
| Parcel Number | 18006-0000-7 | Improvements Assessment | $132,529 |
| Land Assessment | $53,599 | Total Assessment | $186,128 |
Property Taxes
Presented by
2008 E 53rd Ave E
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