RAIL DISTRICT development opportunity! Ideal live work project on a 14,500 sq ft lot. MASSIVE investment pouring into the area. This was a residential home but this area is now zoned commercial with OTC star zoning. It allows this property to be rehabbed for an office or can be demoed for a 2 story mixed use or multi unit development. Zoning is all detailed on the city of frisco downtown development standards website. There are strict design and new construction guidelines requiring brick and masonry facades. This property has been vacant for years and price is pure land value BUT this could be an opportunity for those who would like to rehab, live and office there OR a developer looking to be a part of the rail district redevelopment plans! Over 100 million in new city infrastructure projects with new elm at and main st and a state of the art plaza 1 block away. Listing broker is a rail district expert and happy to discuss zoning or other questions. Priced below comps!
Property Type :
Residential
Subdivision :
Northpointe
County :
Collin
Style :
Residential
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ByOwner last updated this listing 05/11/2024 @ 18:22
MLS: 436863238
LISTED BY: Matt Calloway, Calloway Real Estate LLC
SOURCE: NTREIS - North Texas Real Estate Information
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
