Tons of opportunity in the rapidly populating area. New school, increasing traffic growth, and new residential and multifamily development in the area make this a real opportunity for the right developer. Drawings for a retail development on this tract (and on lot 2 - which is just west past a private drive splitting the two properties) can be purchased separately or together. Sewer would have to be hooked on to at or near the school.
The approximate monthly Principal & Interest payment for this property would be $732. This payment is based on a 30-year loan at a fixed rate of 4.71 % with a down payment of $15,657. Actual lender interest rates and loan programs may vary.
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