289-237-8748
12
V/L Mersea Rd 5
$5,975,000 Sale
Listed 18 hours ago
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Key Facts
Key facts for V/L Mersea Rd 5
Property Type
Lots/Land
Parking
Garage: No, 0 parking
MLS #
25024253
Size
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Basement
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Listed on
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Lot size
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Tax
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Days on Market
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Year Built
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Maintenance Fee
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Description
This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, a...nd mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:10452)
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Listing courtesy of: CENTURY 21 LOCAL HOME TEAM REALTY INC.
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