One of the last undeveloped parcels along Olive Blvd west of highway 141. This neighborhood has experienced a large influx of people over the last couple of decades, and has become a very desirable part of town for people to live, work, dine, etc.
The site is a combination of 4 parcels and a total of +/- 1.5 Acres. Whether you are a home builder/developer or a CRE investor the site has multiple possibilities. The site is currently zoned R-2 (Residential), however it can be rezoned for commercial use & could be a fantastic storefront retail, mixed-use and/or office development that would capitalize on the Olive Blvd visibility & high traffic counts. At this specific location approximately 12,000 cars pass here a day & +/- 28,000 just a mile or two West on Olive.
Please reach out for additional details, we’d love to share information on market rents for commercial property in the area along with forecasting what a development would look like.
Basic Details
Property Type : Land
Listing ID : 24043647
Price : $725,000
Lot Area : 1.50 Acre
Status : Active
Property Sub Type : Residential Lots
Features
SchoolDistrict : Parkway C-2
Taxes Paid : $0
Sewer : None
Utilities : Electricity Available, Gas to Site, Other