Listing ID : OM696138
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Lot Size
1 Acre
Description
Prime 1.13-Acre Lot for Sale – Zoned RO in Marion County This exceptional 1.13-acre parcel, zoned Residential Office (RO), offers a unique opportunity for development in a desirable location. An adjacent 1.13-acre lot is also available, making it possible to secure a combined 2.26 acres for a larger project. Located in a high-visibility area with easy access to major roads, this property is perfect for business, residential, or mixed-use projects. With Marion County's continued growth, this lot presents a versatile and valuable opportunity for developers or investors. The rear 25% of the property is zoned R1, allowing for single-family homes, two-family dwellings (duplexes), and small businesses such as hair salons (up to 3 stations), medical offices, and dental offices. The RO zoning permits a mix of office and residential use, making it ideal for live-work spaces or mixed-use developments. For greater development potential, the property can be rezoned to R3, allowing for a multifamily development with up to 18 units per acre, totaling 41 units across both lots. Duplex development requires a 100-foot frontage per unit, providing additional residential opportunities. Don’t miss out on this fantastic opportunity to develop a versatile property in a thriving area.
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