GREAT INVESTMENT OPPORTUNITY in a PRIME LOCATION offering MULTIPLE DEVELOPMENT OPTIONS.
Price reflects the development value of the property.
The home is currently rented
for $3000.00 per month.
Potential options include retaining full parcel for investment and future development, split the home
from approximately .74 acres to create a commercial lot, or subdivide to create an additional residential
lot. (See concept)
Seller currently has an application submitted with the City proposing the following split: the existing
home on approximately .44 acres, and the north half as an approximately .74-acre commercial lot (see
attached City recommendation and concept's).
The proposed .74-acre commercial lot has potential for a 5,000 sq ft building with approximately 26
parking spaces (see attached documentation). All subdivision and development subject to City approval.
PID #101-118-000010 is included in the sale.
Listing courtesy of Tami Biegert, LPT Realty, LLC