Basic Information
- MLS # F10355279
- Type Other
- Status Closed
- Subdivision/Complex Tuskegee Park 3-9 B
- Total Sqft 6,342
- Date Listed 11/04/2022
- Days on Market 97
Rare opportunity on rapidly developing Sistrunk Blvd. Drive Sistrunk: see surge of construction. Opportunity zone. Huge tax benefits. Potential to receive hundreds of thousands from CRA. Included plans for 6 unit building: 5 2 bed residential units 1 ground level commercial unit. Seller had preliminary meeting with city: plans are in accordance with zoning. Permits have not been pulled. Use these plans, customize them, or design your own. Active comps in area:$108.9k-$225k per unit for land. Recently sold comps in area:$72k-$120k per unit for land. See pics. Subject property under $50k per unit; approx 50% OFF market value. New 2 bed apts on Sistrunk rent:$2.3-$2.8k. Commercial space:$25-30/sqft per year. Potential 10%-25% cap rate depending on building cost and CRA $. Seller will finance.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Other
Interior Features
- Adjusted Sqft 6,342Sq.Ft
- Sqft 6,342 Sq.Ft
Property Features
- Address 1102 NW 6th St
- Aprox. Lot Size 6,342
- Furnished Info no
- Listing Terms Cash, Owner May Carry
- HOA Fees $0
- Subdivision Complex
- Subdivision Info Tuskegee Park 3-9 B
- Tax Amount $1,530
- Tax Legal desc TUSKEGEE PARK 3-9 B LOT 2 LESS RD R/W BLK 3
- Tax Year 2022
- Terms Considered Cash, Owner May Carry
- Type of Property Other
1102 NW 6th St
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