Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Lot Size: | 5.0 Acres |
Financials
Price:$1,900,000
Annual Taxes:$6,151
Listing Courtesy of SIGNATURE REALTY ASSOCIATES
5 Acre Prime Development Site Rezoning Potential for Multifamily or Commercial.



Description
5 Acre Prime Development Site - Rezoning Potential for Multifamily or Commercial. Rare opportunity to acquire 5 acres in a high-growth corridor with strong residential and commercial adjacency. The property is located directly adjacent to an established townhouse community and single-family homes to the north with commercial properties nearby—making it an ideal candidate for rezoning and redevelopment.
Located just 2,600 feet north of Hillsborough Avenue, the site benefits from excellent accessibility and connectivity to major thoroughfares and surrounding demand drivers. The property features approximately 167 feet of frontage on Orient Road, providing strong visibility and access for future development. Currently zoned ASC-1, the site presents a compelling value-add opportunity through a potential rezoning to multifamily or general commercial. Based on surrounding uses and growth patterns, the property is well-suited for:Townhome development, Garden-style or mid-rise apartment project,
Self-storage facility, or
Neighborhood-serving commercial.
The surrounding mix of residential density and nearby commercial activity supports a wide range of development scenarios.
The site is mostly fenced and includes mature trees and a small pond offering flexibility in site planning and design. Existing improvements include multiple structures (two residential buildings, storage building, and a four-car garage), which contribute minimal value and are considered redevelopment-ready.
Parcel 6211 is included in the offering.
This is a strong infill development play with rezoning upside in a rapidly expanding submarket, ideal for developers seeking to capitalize on residential growth and increasing demand for housing and commercial services.
Amenities
- Bb Hs Internet Available
- Bb Hs Internet Capable
- Buildable
- Cable - Available
- City Limits
- Cleared
- Electricity Available
- Farm
- Fiber Optics
- In County
- Level
- May Need To Be Filled
- Near Public Transit
- Oversized Lot
- Pasture
- Paved
- Street Lights
- Underground Utilities
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.