Dyal St Townhome Development

This real estate portfolio includes 2 parcels (1 parcel has sold), on the same block, totaling 29,000 sqft of vacant land zoned RMD-A. This is a perfect opportunity to develop up to 12 townhomes between these 2 lots. Each townhome would be its own parcel #, so you can hold them all as rentals or sell off individual units. Seller has architectural and structural engineering plans for 6 townhomes for the corner lot at Franklin and Dyal St, parcel# 114057-000. Those plans will be conveyed with the sale. Administrative deviation for on-street guest parking has already been approved with the City of Jax for parcel# 114057-0000. Properties are located in an up and coming area with close proximity to Historic Springfield, Phoenix Arts District, Downtown Jax, and the Sports & Entertainment District. Properties have a close one block walk to Edwards Park and newly built Emerald Trail, a pedestrian bike/walk-path that links parks around the city and urban core areas. Surveys, Site plan, LOA, and Admin Deviation can be viewed in the documents tab. Projected Pro Forma is located in financial tab. The pro forma is per each 6 unit block of townhomes.