Discover a prime investment opportunity in Lakeside with this 2.5-acre lot offering tremendous potential. The property comprises of 5 lots, with 3 falling under SB-9 zoning, allowing for the construction of up to 8 homes. Positioned in a sought-after Lakeside submarket, this property is an ideal prospect for developers and investors. The sellers are open to financing with a reasonable 25-30% down payment, and terms are negotiable, providing flexibility to match your financial preferences. Considering the robust demand in Lakeside, where the average new construction home sale is $1,000,000, this project holds the prospect of an impressive $8,000,000 in total revenue —a testament to the substantial return on investment awaiting savvy developers or investors. Don't miss this opportunity to turn location and zoning advantages into a lucrative residential development project at Ha Hanna Rd.
Listing provided courtesy of Daniel Sipher of JLM Real Estate Inc.. Last updated 2024-05-08 09:17:47.000000. Listing information © 2021 SANDICOR.