EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY IN ORANGE COUNTY! Here is your chance to secure approximately 64.32 acres comprised of SIX adjoining parcels, each with its own tax map number, all being offered together for one price! With extensive frontage along Route 20, this property offers outstanding visibility, accessibility, flexibility and tremendous future potential. The VALUE IS IN THE LAND and the possibilities it presents. The current owner has already completed a scope of work plan for a proposed 23-lot subdivision, giving a future owner an excellent starting point for exploring residential development. Develop now or hold for the future—the six separate parcels and substantial acreage create numerous possibilities. Consider a residential subdivision, private estate, family compound, multi-generational property, equestrian use, farm, investment holding, or other uses permitted by Orange County. Adding immediate value is an existing classic all-brick Cape Cod home, along with a barn/stable and board-fenced acreage. The home is currently tenant occupied and generating $2,500 per month in rental income, providing income while a buyer evaluates future plans. The tenant would prefer to remain for approximately another 1.5 years, if possible. Opportunities offering this combination of acreage, multiple adjoining parcels, Route 20 frontage, existing improvements, current rental income and potential future development don't come along every day. Whether you're a developer, investor or buyer looking to create a one-of-a-kind family property, this offering deserves a closer look. SIX PARCELS. 64+ ACRES. EXISTING INCOME. DEVELOPMENT POTENTIAL. ONE PRICE. Buy it, use it, develop it, or hold it for the future—the opportunity is here!
Listing courtesy of RE/MAX Gateway. Contact: 7036525777