Beds
2.52
Acre
$1,031,746
$/Acre
Premium LandProperty Type
2.52 AcresLot Size
$1,031,746/AcrePrice per acre
Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
Listing Courtesy Of: KW Innovations
Local Realty Services Provided By: Best of Luxury Realty
On Site: 630 DaysUpdated: 16 Days agoPage Views: 0

Features

MLS Number: R11058271
All features
  • Current Use: MultiFamily
  • Approx SqFt Total Area: 109588
  • Property SqFt: 109588
  • Remarks: Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
  • Internet Remarks: Prime Multi-Family Development Opportunity - 5321 Maines Street This 1.81-acre lot is zoned Multi-Family Urban Fill, making it a prime investment for high-density residential development. The site comes with an approved site plan for 88 one-bedroom, one-bathroom units and 4 two-bedroom, one-bathroom units, maximizing its potential. Located in a rapidly growing urban area, this property offers excellent access to amenities and infrastructure. A rare opportunity for developers seeking a turnkey project in a strong rental market!
  • Waterfront: No info
  • Directions: West
  • Days on Market: 178
  • Office Name: KW Innovations
  • Taxes: 6855.01
  • Tax Year: 2024
  • Listing Date: 2025-02-02T07:57:15.000-00:00
  • Lot Size Square Feet: 109588

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Price History

Date
Event
Price
Change
Price Per
02/02/2025
Listed
$2.6M
 
$24 ft2
$255 m2
02/02/2025
$2.6M
Event
Listed
Price Per
$24 ft2
$255 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Ahmed Abdeldayem PA • KW Innovations • Buyer Agency Compensation .
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Community Snapshot
$600K – $2.6M
Price Tier
672 - 5,824
SqFt Range
1973
Year Build
1
Total Floors

Subdivision Amenities

None

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