Attention investors and developers: this is a rare opportunity to acquire a prime site primed for a 59-unit condo or apartment project plus 5,000+ square feet of commercial space. The area is underserved by retail, with strong potential for a much-needed grocery concept.
Zoned CL and eligible for Non-Owner Occupied Short-Term Rentals, the property is fully permitted and ready to begin construction. The site also offers sweeping downtown views and sits near the $2.5 billion Riverside development, the Oracle World Headquarters campus, and the continued revitalization of Dickerson Pike.
Included in the sale are key due diligence and pre-development items that add immediate value and save time, including the survey. Metro capacity fees totaling $219,000 have already been paid, along with permitting, architectural, and engineering fees, creating a smoother path forward for the next owner.
This is a strong opportunity to step into a shovel-ready project in a rapidly growing corridor.