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Backup
A backup offer is when a home seller has accepted an offer from a buyer, but is still accepting offers from other buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through.
Size: 2.52 Acres (10,181 m2)
Price: $1,031,746/Acre ($255/m2)
Type: Land
MLS Number: R11058271
On Site: 424 Days
Updated: 40 Days ago
Page Views: 0
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!
Features
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
- Area: 2.52
- Taxes: 6855.01
- Tax Year: 2024
- Listing Date: 2025-02-01T19:00:00.000-00:00
- Lot Size Square Feet: 109588
Apples-to-Apples Comparables
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Price History
02/02/2025
Date
Listed
Event
$2.6M
Price
$24 ft2 / $255 m2
Price Per
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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