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$429,000
Est. payment /mo
7,840 Sqft Lot
UPDATED:
09/12/2024 06:52 PM
Key Details
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24002310
Annual Tax Amount $8,251
Lot Size 7,840 Sqft
Property Description
Attention Builders / Investors...Rare New Build / Ownership opportunity in the heart of sought-after Black Rock. NX1 - Neighborhood Zone. Preliminary Highest & Best Use considerations indicate a minimum of 4 to 6 units. Owner financing open to discussion. A strong "Land Bank" option. Lease back to owner while you pursue entitlements. Spruce up the existing SF dwelling and rent longer term. A new right sized multifamily dwelling will remain a distinct rental / tenant draw in spite of the recent surge in large apartment building / new development and supply. Black Rock will persist as a Path of Growth investment centric neighborhood. Walk to the Fairfield Metro Station. Enjoy a vibrant downtown Black Rock and its array of boutique shops, restaurants, and entertainment. Stroll along the Long Island Sound shoreline in coveted St Mary's by the Sea or visit other nearby beach and park locations. Do not walk the site without an appointment. An interior inspection of the existing home will be made available as part of a contingency of an offer to purchase. No representation being made as to the condition of existing structures.
Location
State CT
County Fairfield
Zoning NX1
Exterior
Utilities Available Electric, Gas
Waterfront Description Walk to Water
Building
Lot Description Level Lot, Cleared
Sewer Public Sewer Connected
Water Public Water Connected
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Listed by Tom Preston • Keller Williams Realty
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