Former De Lasalle Academy private school site in which classes were held in portable units. The site is improved, and high and dry, with all infrastructure available and is built-in. Front 1.5 acres can be purchased for $1,200,000 and rear 3.67 acres for $3,500,000. It is currently being leased to a general contractor for construction material storage while they construct a multi-family project across the road. Their lease started in May 2022 and will expire in May 2023, with a month-to-month arrangement thereafter. The rent is currently $4,500/Month Gross but will increase to $5,000/Month Gross after May 2023. The Property is zoned Apaloosa Lane CPD, which allows a 140-room hotel and 30,000 SF Office/Retail Use. Alternatively, the site can be used for 60,000 SF Office/Retail use with no hotel use.
PLEASE SEE THE ATTCHED "SUPPLEMENT" FOR MORE DETAIL.
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Listing Snapshot
Price
$4,500,000
Days On Site
1150 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
5.17 Acres
Year Built
N/A
MLS® Number
222066141
Status
Active
Property Tax
$15,733.74
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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