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Investment Highlights
- Prime corner development opportunity
- Vacant fenced 0.30 AC lot zoned T5-R
- Preliminary plans for proposed 4-story, 18-unit multifamily project
Executive Summary
Property Facts
| Price | $1,260,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Redevelopment Project | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.30 AC |
| Zoning | T5-R - T5-R Urban Center Transect Zone. Allows multifamily residential development; buyer to verify zoning, density and permitted uses. | ||
| Price | $1,260,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.30 AC |
| Zoning | T5-R - T5-R Urban Center Transect Zone. Allows multifamily residential development; buyer to verify zoning, density and permitted uses. |
1 Lot Available
Lot 3
| Price | $1,260,000 | Lot Size | 0.30 AC |
| Price Per AC | $4,186,046.51 |
| Price | $1,260,000 |
| Price Per AC | $4,186,046.51 |
| Lot Size | 0.30 AC |
Prime corner development opportunity on 0.30 AC vacant land. Rare corner lot with no utility poles on either frontage. Includes preliminary architectural progress plans for a proposed 4-story, 18-unit apartment building.
Description
Prime Corner Development Opportunity! Rare corner lot with no utility poles on either street frontage, providing a cleaner site and making development easier. The sale includes preliminary architectural progress plans for a proposed 4-story, 18-unit apartment building, featuring site plans, floor plans, elevations, roof plans, and unit layouts. An excellent opportunity for developers looking to save time and start with an existing design package. The property is expected to be on the market for only about one month, making this a limited-time opportunity.
Property Taxes
| Parcel Number | 01-3132-006-0070 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $477,347 |
Property Taxes
Presented by
895 NW 45th Ave
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