Prime Development Opportunity! Unlock the full potential of this 0.59-acre property situated in a rapidly developing neighborhood. With four properties across the street already sold for townhouse developments, this site is perfect for investors looking to capitalize on a prime residential project. This property is ideally suited for a three-story townhouse development, offering an excellent investment opportunity. Backing onto 14 acres of farmland, future residents will enjoy a private and serene backdrop while benefiting from proximity to urban amenities, parks, schools, and public transit. It’s a highly desirable location for young families and professionals alike. With a current rezoning application for MF2 townhouse zoning, the site is primed for development and can accommodate a well-planned project with ample parking, green spaces, and other amenities. Strong community growth is evident, with adjacent land developments already underway, signaling a thriving area poised for continued expansion. Additionally, the adjacent 0.34-acre property is available, bringing the total potential assembly to 0.93 acres (40,510 sq ft). This offers a rare opportunity to build confidently and strategically in one of the city’s most promising growth areas. Don’t miss out on this chance to position yourself for success. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Total Living Area:
2,800 sq. ft.260.129 m2
Zoning:
Unknown
Taxes:
$4,449.77 /
-
Community:
Lower Mission
Exterior Features:
Stucco, Wood siding
Structure Type:
House
Appliances Included:
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Data was last updated November 1, 2024 at 12:45 AM (UTC)
Area Statistics
Listings on market:
207
Avg list price:
$5,699,000
Min list price:
$74,999
Max list price:
$9,750,000
Avg days on market:
63
Min days on market:
2
Max days on market:
476
Avg price per sq.ft.:
$542.14
These statistics are generated based on the current listing's property type
and located in
Lower Mission. Average values are
derived using median calculations.
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