Courtesy of: ARON BLATZ, Real Estate Agent, CENTURY 21 LOCAL HOME TEAM REALTY INC.
Courtesy of: ARON BLATZ, Real Estate Agent, CENTURY 21 LOCAL HOME TEAM REALTY INC.
$5,975,000
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Vacant Land
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$5,975,000
V/L Mersea Rd 5 This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270, 286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5, 000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:203)