Excellent development opportunity in an opportunity zone! Zoning: Flexible mixed-use zoning allows for hotel, commercial, and residential uses, with potential for up to 5 stories and 79,683 square feet. Growth Potential: Located among high-rise buildings and mixed-use projects. Development Opportunity: Ideal for developers to generate income from office or retail tenants during the planning and approval phase, with a pro forma income of $230,000. Parking: 30 spaces with a ratio of 3 per 1,000 square feet. Location: Prime frontage on US-1 with 44,000 VPD (vehicles per day), offering excellent exposure and signage opportunities.
