Attention investors and developers. Unique LAND ONLY sale, located on Fort Pond Reservoir (Public Lake) consisting of 46+/- acres. There are 25, Land Leased, revenue producing, mostly waterfront lots, PLUS another area of 10+/- acres of wooded land. The wooded area sits high on gently sloped hill over-looking the lake. This area has easy access to 3 different City roads that have public water and sewer, hydrants, gas lines and electrical services. Property is Zoned A-2 residential, with 18,000 SF minimum lot size. The 25 Land Leased lots are on 5 year, renewable, leases. The improvements (Homes etc.) on the leased land are the property of the tenants. The leases are NNN with the only exception being an expense for maintenance of a private dirt road. Buyer is responsible for all due diligence. Opportunity for substantial rental income plus ownership of raw land.
Thank you for requesting a showing of this property. A representative will be in touch with you shortly to confirm the requested showing date and time.
Please note that your appointment is not confirmed until someone contacts you.
Realty ONE Group Next Level is powered by IDC Global and Datafloat
Real Estate website solutions | Big data and market report products for the real estate industry