Fourplex Development Land
12.97 AC | Pre-platted, Shovel Ready
Marketing description
Lee & Associates is pleased to present 12.97 acres of development land. Close to the military base, this commercial real estate development is positioned to address the surging demand for housing in the region. Recently securing city approval for its preliminary plat, the project encompasses 38 buildings and a total of 152 units, featuring convenient four-plex layouts. The property, now annexed into the city, boasts 44 lots, comprising 38 developable and 6 common lots. With utilities already stubbed on the property line or conveniently close in the street, this development is ready to transform into a thriving community.
Investment highlights
Pre-platted, shovel ready 12.97 acres of land in high demand area
Zoned C-4 (heavy commercial - allows multi-family)
Less than a mile from municipal airport and less than 1.5 miles to Airbase
Ready for horizontal construction
Vacancy rate in Mt. Home is less than 5% with high need for more housing and residences for Air Force and their families
Geotechnical investigation completed
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