Acreage
$5,975,000
Build To Suit - 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:48662)
Business
|
Business Type
|
Industrial, Industrial |
|
Business Sub Type
|
Warehouse, Industrial |
Property Details
|
MLS® Number
|
26024193 |
|
Property Type
|
Industrial |
Building
Land
|
Acreage
|
Yes |
|
Sewer
|
Unknown |
|
Size Irregular
|
488.69 X Irregular / 19.4 Ac |
|
Size Total Text
|
488.69 X Irregular / 19.4 Ac|11 - 25.99 Acres |
|
Zoning Description
|
C4 |
https://www.realtor.ca/real-estate/30352670/vl-mersea-road-5-leamington