This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site. Potential high-value uses include rental shop spaces for autobody or mechanic work, or a crossfit gym.
Listing Provided Courtesy of Patrick Ledbetter, Premiere Property Group, LLC
General Information
507579197
MultiFamily
76
DOM
0.57 acres
Ind/Res
Marion
599382
Gervais 6/10
Gervais 6/10
Gervais 6/10
Land
MultiFamily
GERVAIS LOTS 1-4 BLK 55, LOCALLY ASSESSED PER DOR, NOT PART OF RR OPERATIONS
Listing Provided Courtesy of Patrick Ledbetter, Premiere Property Group, LLC
Krishna Realty data last checked: Sep 19, 2025 18:18 | Listing last modified Sep 04, 2025 20:21,
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Residence Information
No
Features and Utilities
Financial
517.13
0
Cash,Conventional
06-20-2025
No
No
Comparable Information
09-04-2025
76
76
Cash,Conventional
$440,000
$395,000
Sep 04, 2025 20:21
Schools
public Elementary : Gervais
6/10Ratingspublic Middle : Gervais
6/10Ratingspublic High : Gervais
6/10Ratings
This property offers strong investment value due to its flexible zoning and strategic location. Currently zoned industrial for a planned storage complex, it may also be converted back to residential or, with city approval, to commercial for a 12-plex multi-family development. Complete engineering and design plans increase readiness for development. The seller holds all plans. The lot measures 225'x110' and is ready for use, with water, electricity, and an 8" city-approved sewer line already on-site. Potential high-value uses include rental shop spaces for autobody or mechanic work, or a crossfit gym.