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Investment Highlights
- Fully engineered and shovel-ready site with civil, stormwater, and access work completed.
- IL/LI zoning allows a variety of light industrial and commercial uses.
- Projected gross income of $380,000 annually for a strong investment profile.
- Approved for a 24,000 SF garage/storage development with 16 oversized units.
- High-visibility location along Philips Highway with strong traffic exposure.
- No wetlands impact and permits anticipated shortly for expedited development.
Executive Summary
Shovel-Ready Industrial Development Opportunity - Philips Highway Rare opportunity to acquire a fully engineered, shovel-ready industrial site on high-visibility Philips Highway. Property is approved for a 24,000 SF garage/storage development consisting of 16 oversized units (1,500 SF each). All major civil engineering, stormwater, access, and site layout work has been completed, with permits anticipated shortly. No wetlands impact. Zoned IL/LI, allowing a variety of light industrial and commercial uses. Projected gross income exceeds $380,000 annually, making this an ideal opportunity for investors, developers, or owner-users seeking a low-overhead, high-demand asset. Entitled land opportunities of this caliber, in this area, are increasingly rare.
Property Facts
1 Lot Available
Lot
| Price | $1,700,000 | Lot Size | 1.85 AC |
| Price Per AC | $918,918.92 |
| Price | $1,700,000 |
| Price Per AC | $918,918.92 |
| Lot Size | 1.85 AC |
It spans approximately 1.85 acres and is zoned IL/LI, supporting light industrial uses. The site is fully engineered for a 24,000-square-foot development and has completed major civil and site work.
Description
The site’s IL/LI zoning supports a wide range of light industrial and commercial uses, making it highly versatile for developers, investors, or owner-users. With no wetlands impact and all critical infrastructure planning in place, this property minimizes development risk and accelerates time to market.
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Property Taxes
| Parcel Number | 152986-0010 | Improvements Assessment | $8,718 |
| Land Assessment | $303,514 | Total Assessment | $312,232 |
Property Taxes
Parcel Number
152986-0010
Land Assessment
$303,514
Improvements Assessment
$8,718
Total Assessment
$312,232
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