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Size: 2.72 Acres

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This is a rare opportunity to acquire a high-potential commercial development positioned for strong long-term income and

value growth. Based on projected rental rates of approximately $35.00 per square foot, the proposed 24,650 SF development

has the potential to generate an estimated annual gross income of approximately $862,750. At a projected 7% capitalization

rate, the property could support an estimated stabilized valuation of approximately $12.3 million.

Even more compelling, the property is being offered with permits already in place, significantly reducing development

timeline and risk. Extensive due diligence materials — including wetland studies, soil reports, groundwater analysis, and site

evaluations — have already been completed and are available upon request, providing investors and developers with a

valuable head start toward bringing this project to life.

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Source:First Street

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Source: Coldwell Banker Commercial, MLS# Not Available
Listing last updated: June 10, 2026 at 10:15 PM
Listing last checked: August 4, 2026 at 5:32 AM
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