Multifamily Development Site - UTC/MLK Area
|Catylist Listing ID:
|Gross Land Area:
||$559,375 Per Acre
|Adjacent Parcels Available:
||Cash to Seller
Overview / Comments
Excellent development site within walking distance of the expanding UTC campus and downtown amenities. Located one block south of MLK Blvd. Great opportunity to tap into the unmet demand for multifamily rental units for both student and workforce housing.
The subject site is 1.6 Acres +/-. Together with the adjacent parcel, available from separate willing seller, there is a potential assemblage of 2.38 Acres +/-.
||145E S 008
||U-IX-4 “Urban, Industrial Mixed Use, 4 Story Max Height” - Intended to reinforce the industrial character and productive function of the area, but also allow for a variety of commercial and residential options. Building forms appropriate for the area include: Industrial flex, mixed-use shopfront, shopfront, live-work, flat, rowhouse, civic. Appropriate uses include: Industrial, manufacturing, artisan, commercial, multi-family, single-family attached, public. Front Setback: 0 to 30 feet. Max Height: 4 stories.
||Electric, Water, Gas, Sewer, Cable, Broadband
© Copyright GCAR Commercial MLS. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither GCAR Commercial MLS nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.