Excellent development opportunity with flexible zoning & valuable road frontage exposure. The majority of the acreage is zoned Residential, Multiple-Family –High Density, (RMF-2) which allows for site-built apartments & a variety of residential housing types.The RMF category (RMF-1 and RMF-2) is intended to provide diverse residential uses, along w/ certain… Read More recreational or institutional uses by Special Exception. With its Residential High Density future land use designation, this parcel is well-positioned for multi-family development. The street frontage is zoned C-N (Commercial, Neighborhood).This accommodates small-scale retail establishments, service-related businesses, professional offices, restaurants, similar non-residential uses,& school developments. This commercial frontage creates strong potential for a mixed-use concept or neighborhood-serving commercial component, subject to local regulations.With high-density residential zoning & neighborhood commercial frontage, this property offers multiple development pathways & strong investment potential. See attached conceptional drawings for possibilities.Conceptual Layout 1 includes a 132-unit apartment complex w/ an amenity center, an outdoor activity area, & a sidewalk network. Conceptual Layout 2 consists of a 46-unit mobile home park. This option WOULD require rezoning.The layout was designed in accordance w/ the Live Oak Land Dev. Code. Buyers are encouraged to verify zoning rules and regulations. Read Less
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Listing Snapshot
Days Online
44
Last Updated
Property Type
Acreage
Lot Size
12.82 Acres
MLS Number
130305
30 Days Snapshot Of 32064
$124k
0%
(avg) sold price
4
+33%
homes sold
14
-39%
(avg) days on market
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Lot
Acreage: 12.82, Lot size: 12.82 acres
Property
Property type: Acreage, Zoning: RMF/C
Sewer
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