Multifamily Development Potential:
- 2.8-acre infill site entitled for 18 townhomes
- Alternative use: 22-unit apartment building under RM-8 zoning
- Full engineering and site design plans completed and paid
- Public water/sewer available; strong local rental demand
- Zoning: RM-8; infill site 4.1 miles from downtown.
Permanent Billboard Lease Opportunity:
- Rezoning process underway for HB-L (billboard use)
- Proposed 14x48 digital billboard site
- Highway frontage on I-285/US-52 with ~63,865 VPD
- Power and access from Arnold Ave; vegetation clearance permitted
Investment Summary:
- Dual-income potential: advertising + multifamily
- OOH operators, 1031 investors, and developers welcome
- Plans, drawings, and site work already completed - saves 6-9 months
- Rare chance to acquire a cash-flowing site with development upside