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Highland Park Ave

10.1 Acres of Commercial Land Offered at $1,102,000 in Green Bay, WI 54302

Investment Highlights

  • Zoned for Multifamily

Executive Summary

PRICE REDUCED 40%! Co-Broke available - 5% to Selling Agent. Contact Sheila Schmitz, Listing Broker at 920-968-8106 or E-mail at sschmitz@ardenpropertygroup.com for more information.

Property Facts

Price $1,102,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
Total Lot Size 10.10 AC

1 Lot Available

Lot

Price $1,102,000
Price Per AC $109,109
Lot Size 10.10 AC

PRICE REDUCED 40%! 10-ACRE INFILL PARCEL WITH APPROVED R-3 VARIED DENSITY RESIDENTIAL ZONING IDEAL FOR MODERATE TO HIGH DENSITY MULTIFAMILY OR CONGREGATE LIVING IN AN EXISTING NEIGHORHOOD JUST MINUTES FROM DOWNTOWN GREEN BAY.

Description

PRICE REDUCED 40%! 10-ACRE INFILL PARCEL WITH APPROVED R-3 VARIED DENSITY RESIDENTIAL ZONING IDEAL FOR MODERATE TO HIGH DENSITY MULTIFAMILY OR CONGREGATE LIVING IN AN EXISTING NEIGHBORHOOD JUST MINUTES FROM DOWNTOWN GREEN BAY. I-43 FREEWAY ACCESS 1.5 MILES NE. BAY BEACH PARK AND WILDLIFE SANCTUARY 10 BLOCKS. CLOSE PROXIMIITY TO PUBLIC SCHOOLS. NOT AWARE OF UTILITY CONNECTIONS, HOWEVER, UTILITIES APPEAR TO BE AVAILABLE ON ADJACENT PUBLIC STREETS. PROPERTY MAY HAVE SOME BUFFER REQUIREMENTS ACCORDING TO THE CITY'S COMPREHENSIVE PLAN AND ZONING. BUYERS, BRING YOUR DEVELOPMENT PLANS TO A MOTIVATED SELLER WILLING TO WORK WITH QUALIFIED INVESTOR(S) ON STRUCTURING A MUTUALLY BENEFICIAL SALE AGREEMENT. BROKERS PROTECTED. 40% REDUCED PRICE OF $1,102,000 ÷ 236 APARTMENT UNITS = $4,669 LAND COST PER APARTMENT.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-1229
Land Assessment
$493,400
Improvements Assessment
$0
Total Assessment
$493,400

zoning

Zoning Code R-3 (R-3 VARIED DENSITY RESIDENTIAL ZONING IDEAL FOR MODERATE TO HIGH DENSITY MULTIFAMILY APARTMENTS OR CONDOS, AFFORDABLE HOUSING, OR CONGREGATE LIVING.)
R-3 (R-3 VARIED DENSITY RESIDENTIAL ZONING IDEAL FOR MODERATE TO HIGH DENSITY MULTIFAMILY APARTMENTS OR CONDOS, AFFORDABLE HOUSING, OR CONGREGATE LIVING.)
  • Listing ID: 19139953

  • Date on Market: 4/7/2020

  • Last Updated:

  • Address: Highland Park Ave, Green Bay, WI 54302

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