HOT NEW PROPERTY!!! Exciting New Development Investment Opportunity in Reedley!This property is designated as High Density Residential, which means- 40 to 76 units can be developed on this 2.65-acre property.Prime location! conveniently located within City of Reedley's sphere of influence. The property is zoned RM-2 typically designates Multiple-Family Residential Districts, designed to allow moderate-density housing such as Townhouses, Duplexes and Apartment Buildings and acts as a transition between high-density commercial areas and lower density single-family neighborhoods. Positioned directly in front of Mueller Park, Reedley Community Center, Grant Middle School, shopping and dining out are just a few highlights as well as offering education and recreation making this a perfect location for a new development.Opportunities like this one are rare and a valuable opportunity for future development or long-term investment! Reedley would greatly benefit from a SENIOR LIVING COMMUNITY, TRANSITIONAL HOUSING UNITS OR APARTMENT COMPLEX UNITS! Don't miss out on this incredible opportunity!! Contact me for more information regarding parking spaces, utilities and other helpful information regarding this opportunity.Please note, the address provided is an estimate, as the property has not been assigned a formal address, buyer to verify all information including zoning and development potential. Property is sold as is.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.