Vacant land with 13,140 SF in West Park. TOC-2 zoning allows for various development options. Strong ARV of $500,000 offers 21% equity spread. Development opportunity in growing area.
Land
13,140 Sqft Lot
Asking
$395K
Wholesaler Price
ARV
$500K
Wholesaler Estimate
Spread
$105K
79¢ on the dollar
Overview
Big Tickets
Roof
N/A - Land Impact Windows
N/A - Land HVAC
N/A - Land Water Heater
N/A - Land
N/A - Land Impact Windows
N/A - Land HVAC
N/A - Land Water Heater
N/A - Land
Property Details
Public Records
13,140 SF
Lot Size
Highlights
$105K spread
ARV $500K
13,140 SF lot
TOC-2 Zoning
Sales Comps
Rocket
Subject
Comp
No comps available
Rental Income
Rocket
$3,090/mo
Market Rent Estimate
$2,100
$4,080
$37,080
Annual Rent
9.4%
Gross Yield
$-
Rent/Sqft
$-
Per Bedroom
