12
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$5,975,000
Est. payment /mo
New
V/L Mersea Rd 5 Leamington, ON N8H3V6
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Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 25024253
Property Sub-Type Freehold
Source Windsor-Essex County Association of REALTORS®
Property Description
This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Unknown
Others
Ownership Freehold
Virtual Tour https://melandjer-creative.aryeo.com/sites/opbbozl/unbranded
Listed by CENTURY 21 LOCAL HOME TEAM REALTY INC.
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