Investment Overview
The property consists of approximately 0.24 acres and is zoned NC (Neighborhood Commercial), allowing for a variety of neighborhood-oriented commercial uses. Positioned on a corner lot at Veterans Parkway and 43rd Street, the site features an existing curb cut on 43rd Street for convenient access. A billboard located on the property generates $1,500 in annual income under a lease extending through 2036, providing supplemental cash flow. The tract also offers potential assemblage with adjoining properties, creating an opportunity for a larger future commercial redevelopment.
Investment Highlights
- NC (Neighborhood Commercial) zoning
- 22,900 vehicles per day exposure
- Billboard income through 2036
- Assemblage and redevelopment potential