Investment Overview
Located in RE zoning within an NC overlay zone, the property is positioned for a developer or builder seeking a small-scale residential project in a developing Englewood corridor. Area residential trends suggest potential new construction townhouse values of approximately $400–$420 per SF, subject to final approvals, design, finishes, and market conditions.
Investment Highlights
- 3 Proposed Townhouses: Side-by-side 24’ wide units.
- ±7,992 SF Total Build: ±2,664 SF per townhouse.
- Garage Parking: ±500 SF garage space per unit.
- Practical Layout: 25’ front and 30’ rear setbacks.
- Strong Value Potential: Area trends suggest ±$400–$420/SF.