Sale Price $450,000.00
Total Land 7.89 Acres
Terms: Cash to Seller
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Overview: This property presents a rare development opportunity in the heart of Middletown. The property consist of two parcels that combine for nearly 8 acres of residential ground. The current zoning is R-4, which supports single-family residential, however, the property could be rezoned to support more intense uses such as multi-family, senior living or office. A single-family development exists directly to the north and east of the property and offers two potential access points to the property, one from Allison Road and one from Aquarius Road. The property also has a 20' access easement directly to Shelbyville Road. Other surrounding land uses consist of multi-family to the east, commercial to the south and office condominiums to the southeast. There are currently two residences located on the property that could be razed or potentially sold and moved. The shape, topography, access and location are tremendous attributes that make this property an ideal parcel for development in a densely populated area.
Contact Lynn Shipley or Bryan Ehret
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