1.13 acres | #OM696126
Description
Prime 1.13-Acre Lot for Sale – Zoned RO in Marion County
This exceptional 1.13-acre parcel, zoned Residential Office (RO), offers a unique opportunity for development in a desirable location. An adjacent 1.13-acre lot is also available, making it possible to secure a combined 2.26 acres for a larger project. Located in a high-visibility area with easy access to major roads, this property is perfect for business, residential, or mixed-use projects. With Marion County's continued growth, this lot presents a versatile and valuable opportunity for developers or investors. The rear 25% of the property is zoned R1, allowing for single-family homes, two-family dwellings (duplexes), and small businesses such as hair salons (up to 3 stations), medical offices, and dental offices. The RO zoning permits a mix of office and residential use, making it ideal for live-work spaces or mixed-use developments. For greater development potential, the property can be rezoned to R3, allowing for a multifamily development with up to 18 units per acre, totaling 41 units across both lots. Duplex development requires a 100-foot frontage per unit, providing additional residential opportunities. Don’t miss out on this fantastic opportunity to develop a versatile property in a thriving area.
Property Details
- Property TypePurchase
- Original List Price$299,000
- MLS #OM696126
- MLS #OM696126
- CountyMarion
- Taxes Annual$1,560
- Cost299000
- Utility FeaturesOther
- Acres1.13
- Property SubtypeLand
- Days on Market (Cumulative)11
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Bill Barnaba
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Danny Singh (#MFR271516293)
Listing Office: RE/MAX PREMIER REALTY LADY LK (#MFR20636)

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