PARCEL STRUCTURE: 3 Total Lots: Assemblage includes Parcel 12, Parcel 105 (bifurcated by the road), and Parcel 199, combining for a total of 2.37 acres. ACQUISITION & DEAL STRUCTURE: Flexible Transaction Terms: Available for Sale or Lease. Open to outright purchase, ground lease, or lease-to-own arrangements. Patient Seller: Seller will allow closing contingent upon entitlements, site plan approvals, flood mitigation planning/permits, and comprehensive financing approvals (including LIHTC structures). In-Place Holding Income: Active billboard leases provide immediate revenue to offset carrying costs while clearing the entitlement path. Generates ~$30k in annual base rent plus 25% of tenant advertisement revenue (running through January 2028 with renewal options). Concurrently, the site can host park-and-ride facilities or commercial vehicle parking. Pricing: UNPRICED / Offers Due TBD. ENVIRONMENTAL & DEVELOPMENT CONSIDERATIONS: Floodplain Location: Property lies within a regulatory floodplain/flood hazard zone, offering strong suitability for structured elevation TOD, ground-floor/surface parking, or outdoor commercial uses alongside potential civil mitigation. DEVELOPMENT INCENTIVES: Qualified Census Tract (QCT): Eligible for 130% basis boost under LIHTC rules. Priority Funding Area & Revitalization Tax Credit Area: Unlocks state and local tax credits and financing priority. CONTACT & OFFERING MATERIALS: For full offering materials and flyer, please contact: Adam Stein | BridgeWater Real Estate Brokerage Email: astein@bwreb.com | Phone: 202-603-5587