Full City Block Opportunity with Parking Income
Investment or Development Asset | CXd Zoning
Gross Land Area: 0.92 AC (40,000 SF)
Parking Spaces: 135 Surface Spaces
Zoning: CXd - Central Commercial
Base FAR: 6:1
Max FAR: 9:1 with Bonus
Max Height West Blocks: 200’ with Bonus
East Blocks: 125’
Sale Price: $9,390,000 ($235 / SF)
CAP Rate: 5.16%
T-12 NOI: $484,636