$3,000,000
0.3
Acre
Status
Active
Size
0.3 Acres (1,226 m2)
Price
$10,000,000/Acre ($2,446/m2)
Type
Land
MLS Number
A11777458
On Site
387 Days
Updated
124 Days ago
Page Views
0
Prime redevelopment directly along The Underline, "GROVE CHIC RESIDENCE". The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14,000 feet of land. The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80... Read more
Features
All features
- Current Use: Other
- Property SqFt: 13200
- Remarks: Prime redevelopment directly along The Underline, "GROVE CHIC RESIDENCE". The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14, 000 feet of land. The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.
- Internet Remarks: Prime redevelopment directly along The Underline, "GROVE CHIC RESIDENCE". The offering is comprised of (1) single-family home & 1 duplex totaling +/- 14, 000 feet of land. The lot(s) assemblage allows 50 units via Live Local on (5) floors reducing parking by 80-85%. This development could deliver the Highest & Best Use as a boutique condo building or a more traditional rental building. The lots benefit from favorable T4-L zoning. The property sits in the TOD (transit orient development boundary) allowing for even greater density and intensity and a complete elimination of parking requirements. The property abuts the underline directly to the South. In our analysis, the highest and best use is as redevelopment for a mixed-use project with anywhere from 50 to 60 units on 5-6 stories.
- Waterfront: No info
- Days on Market: 262
- Office Name: RE/MAX 360 Real Estate
- Area: 13200
- Taxes: 21927
- Tax Year: 2024
- Listing Date: 2025-04-04T12:28:33.000-00:00
- Lot Size Square Feet: 13200
Apples-to-Apples Comparables
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Price History
04/04/2025
Date
Listed
Event
$3M
Price
$227 ft2 / $2,446 m2
Price Per
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Agustin Duarte • RE/MAX 360 Real Estate • Buyer Agency Compensation .
Listing Location & Street View
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