Discover an exceptional investment opportunity with these 4 contiguous parcels, collectively offering .57 acres of prime real estate. Located in a thriving area, this property is perfectly suited for development or continued income production.
Parcel Details
Total Area: .57 acres
Current Use:
3 Parcels: Currently leased and utilized for storage, generating steady rental income.
4th Parcel: Features a well-maintained 2-bedroom, 1-bathroom single-family home, also occupied.
Income Potential
Leased Parcels: Room to increase rents, enhancing overall return on investment.
Single Family Home: Consistently occupied, contributing to reliable income stream.
Property Highlights
Versatile Usage: Ideal for development, with potential for residential, commercial, or mixed-use projects.
Stable Tenancy: Current tenants provide immediate income, minimizing initial investment risk.
Development Potential: Situated in an area poised for growth, offering significant upside for future development.
Convenient Location: Close to local amenities, schools, shopping centers, and public transportation, increasing desirability for potential tenants or buyers.
Future Growth: The surrounding area is experiencing rapid development, promising appreciation in property value.
Additional Features
Accessibility: Well-maintained access roads ensure easy ingress and egress for tenants and future developments.
This unique property combines immediate income generation with long-term development potential, making it a smart choice for savvy investors. Whether you plan to keep the parcels as income-producing assets or capitalize on their development potential, this property offers a rare blend of stability and opportunity.
Don’t miss out on this exceptional chance to secure a versatile and profitable investment. Contact us today to schedule a viewing and explore the possibilities!