V/L Mersea Rd 5, Leamington, Ontario, N8H3V6
MLS: 25024253 | Vacant Land
$4,975,000
Property Description
This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area. (id:64974)
Quick Facts
- Property Type: Vacant Land
- Bedrooms: None
- Bathrooms: None
- Ownership: Freehold
Listing Provided by: CENTURY 21 LOCAL HOME TEAM REALTY INC.
Board: Windsor-Essex County Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Exterior & Construction
- Sewer: Unknown
Lot & Land
- Zoning: C4
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for V/L Mersea Rd 5, Leamington, Ontario, N8H3V6
Location & Neighborhood
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