For Sale

$329,900

HIGHLIGHTS:
  • Active
  • $4,843/month
  • 432 DOM
  • 14,625 SqFT
Description

Prime investment opportunity for redevelopment or immediate rental income. This property consists of five adjacent lots (Lots 14–18) with approximately 325 feet of frontage, including a corner at Lavender Street. Strategically located just ½ mile from Freeway 59, the site benefits from a newly expanded four-lane thoroughfare, increasing visibility and traffic flow. Two existing buildings—4609 (5,194 SF) and 4625 (3,360 SF)—are functional. 4609 needs $40K–$50K in renovations (last rented in 2023 for $2,300/month and currently seeking tenant), while 4625 is leased as a convenience store for $2,000/month. Owner is over 70 and ready to sell. Ideal for developers considering a shopping center, self-storage, apartment complex, or motel. Property is being sold AS-IS, WHERE IS—no repairs will be made by seller. Strong future potential with income now and long-term upside.

Overview
  • MLS Number: 47905714
  • Type: Lots
  • Bedrooms: N/A
  • Bathrooms: N/A
  • Garages: N/A
  • Size: N/A
  • Land Size: 14,625 sqft
  • Year Built: N/A
Financial
Price:
$329,900
Price/SqFT:
$22.6
HOA Fee:
Tax Rate:
2.12522 %
Est. Monthly:
$4,843 *
Tax Amount:
$7,011
Amenities and features
  • Sewer
  • Water Access
  • Corner Lot
Property & Schools on Map
Floor plans / Dimensions / Descriptions
  • Lot Description:
    Can Be Subdivided,Corner
    Water Sewer:
    Public Sewer,Public Water
    Cable:
    Available
    Phone:
    Available
    Electric:
    Electric Available
    Gas:
    Availability Unknown
    Road Surface:
    Asphalt,Concrete
    Area Pool:
    No

Listed By:
K.C. Lam

RE/MAX Southwest

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