Listed by ACRE Real Estate Partners
$279,000
Old Rocky Ridge Rd
Details
APN 10-00-07-3-003-005.000
Property Type Multifamily, Office
Sub Type Apartment Building, Traditional Office
Square Footage 1,398
Units 1
Price per SqFt $200
Broker Co-Op Yes
Class D
Year Built 1951
Buildings 1
Acreage 1.200
Zoning CP
Investment Type Redevelopment
Ownership Fee Simple
Excellent Redevelopment Opportunity
Marketing description
1.2 Acres located on Old Rocky Ridge Rd In Hoover, one block from the intersection of Lorna Rd. Property is currently zoned to allow residential and commercial uses. The owner has proposed layouts for up to 12 townhomes or a small 2 story office building. Preliminary engineering work completed by the seller and available during due diligence. Current zoning allows for short term rentals, any other townhome uses would require rezoning.
Investment highlights
- Located on Old Rocky Ridge Rd within .25 miles of the Lorna Rd intersection
- Approximately 7000Vehicles Per Day on Old Rocky Ridge Rd
- Close Proximity to I459
- Excellent Redevelopment Opportunity
- Current zoning allows Residential or Commercial as well as a home based business
- Current zoning includes short term build for rent townhomes
- Hoover City Schools
Listing Contacts
Listed by ACRE Real Estate Partners
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