Great opportunity to purchase commercial land surrounded by residential housing. Allowable uses include restaurants 5,000sqft or less, retail or personal service use, no one use shall exceed 5,000sqft, assisted living facilities, schools, cemetery, offices, studios, day cares, multifamily or town homes. The density in this district is 11 units per acre which allows for the development of 31 multifamily units. Current development projects within a 3.5 mile area of the site area include over 2,500 residential units and several new hotels. There is a 3 mile population from the site of: 54,334 and a 3 mile median income of: $74,043. There is a traffic count North to South of 7,800, East to West of 4,200. There is a possibility to do a ground lease.
Johnston Group Real Estate Services LLC
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Listing information last updated on March 4th, 2021 at 9:52pm EST.