49.62 Acres.Multi & SF Residential

Property is comprised of two parcels, the first parcel has SR 60 frontage and consists of 21.92 acres zoned RM-6, muti-family residential, maximum 6 units per acre.  Based on current allowable zoing guidelines, a multi-family plan of approximately 90-100 units would be best use planning.

Second parcel is afjacent to the north, consists of 27.7 acres zoned RS-6, residential single family, 6 units per acre maximum.  A sigle family subdivision preliminary site plan is approved for this parcel consisting of 84 buildable lots, approval is valid until January 2011.

The location of these parcels is on the north side of SR 60 across from the entrance to Pointe West, a large development consisting of sigle family, townhouse, commercial/office and medical as well as retirement life-style facilities being developed currently.  There are plans to include an elementary school and other services also.  THIS OFFERS AN ATTRACTIVE CURRENT OR FUTURE SITE FOR A DEVELOPER OR LAND-BANKER, BEING OFFERED AT $0.41 ON THE DOLLAR BASED ON MOST RECENT SALE PRICE IN 2005 !