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Investment Highlights
- Strong potential for high-yield rental or resale based on unit mix.
- Flexible layout options allow for customized investment strategies.
Executive Summary
This property offers a rare opportunity with by-right buildability also no variances or special approvals required for Medical or Assisted Living development. The site is a split R1 & R3 zone. Ideal for developers seeking multi-family or single-family residential projects along with the attractive medical and assisted living component. FULLY REMEDIATED WITH CLEAN ENVIRONMENTAL REPORTS. ENVIRONMENTAL REMEDIATION COMPLETE; ALL DOCUMENTATION AVAILABLE. CERTIFIED CLEAN SITE WITH FULL CLEARANCE PAPERWORK.
Property Facts
| Price | $4,179,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 0.60 AC |
| Zoning | R1, R3, C1 - Commercial | ||
| Price | $4,179,000 |
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.60 AC |
| Zoning | R1, R3, C1 - Commercial |
1 Lot Available
Lot
| Price | $4,179,000 | Lot Size | 0.60 AC |
| Price Per AC | $6,965,000.00 |
| Price | $4,179,000 |
| Price Per AC | $6,965,000.00 |
| Lot Size | 0.60 AC |
By-right buildability: Left: 10,416 SF – Build (4) 1-Fam, (3) 2-Fam, (2) 3-Fam, or (1) 4-Fam Right: 9,225 SF – Build (3) 1-Fam, (3) 2-Fam, (2) 3-Fam, or (1) 4-Fam. No variances needed – fully buildable by-right. No Further Action (NFA)
Description
This property offers a rare opportunity with by-right buildability—no variances or special approvals required for development. The site is divided into two distinct parcels, each with generous square footage and flexible residential zoning Certified Clean Environmental Clearance
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 08-00205-0000-00081 | Improvements Assessment | $0 |
| Land Assessment | $874,900 | Total Assessment | $874,900 |
Property Taxes
Parcel Number
08-00205-0000-00081
Land Assessment
$874,900
Improvements Assessment
$0
Total Assessment
$874,900
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6217 Meadowview Ave
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