V/L Mersea Rd 5
Leamington, Ontario, N8H3V6
For Sale | $4,975,000
Key facts
- Property type: Vacant Land
- Transaction: For Sale
- Price: $4,975,000
- Lot size: 488.69 Feet X Irregular / 19.4 AC
- Listing key: 29600334
Listing overview
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:25314)
Interactive gallery, map, comparables, and calculator tools load automatically.