Listed by Investment Realty Advisors
$995,000
2420 E 3300 S Development Site
Details
Property Type Land
Sub Type Commercial
Units 837
Tenancy Single
Year Built 1941
Acreage 0.310
Zoning R-4-8.5 --> R-M
Investment Type Redevelopment
2420 E 3300 S Development Site
Marketing description
Rare opportunity at 2420 E 3300 S presents a classic bungalow on a sizable land parcel tailored for land developers. The 837-square-foot 1941 residence anchors the site while remaining rented, providing short-term income during planning. Existing R-4-8.5 zoning, currently expired yet grandfathered, establishes a foundation for redevelopment; the site can also be rezoned to RM for elevated density potential, up to 8 units, but 6 or 7 would fit best.
Investment highlights
- Land offering ideal for redevelopment
- Current home 837 square feet
- Property is tenant-occupied for income continuity
- Existing R-4-8.5 zoning grandfathered in despite expiration
- Potential to rezone to RM for denser development
- Developer special with limited competing inventory
- Permitting flexibility enhances development timeline
- Located on the 3300 South Corridor
Listing Contacts
Listed by Investment Realty Advisors
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