402 S Division St
- Flexible Zoning: Approved for a broad range of commercial, high-density residential, or mixed-use concepts.
- Built-In Infrastructure/HQ: The existing 3-bedroom, 2-bath home features a newly poured concrete garage floor, a covered back porch, and an unfinished walkout lower level (ideal for a workshop, storage, or site office). Live in it, rent it out for immediate cash flow, or use it as your operational headquarters while navigating the planning and construction phases.
- Community Synergy: Strategic potential to add a rear pathway connecting your development directly to Bellaire’s community walking trail, adding massive lifestyle value to future buyers or tenants.
Property Description
Prime 12-Acre Development or Investment Opportunity in Bellaire. Village Commons zoning allows for a broad range of residential, commercial, and mixed-use possibilities, making this property appealing to homeowners, investors, business owners, and developers alike. Enjoy peaceful views from the covered back porch overlooking the property, complete with a newly poured concrete patio that's perfect for relaxing or entertaining. The garage also features a newly poured concrete floor, while the unfinished walkout lower level offers outstanding potential for additional living space, recreation, storage, or a workshop. Based on information provided by the Village Zoning Administrator, the parcel may have the potential to be divided into approximately 25-30 lots, subject to municipal approvals and applicable ordinances. Buyers are encouraged to verify all zoning, permitted uses, and development potential with the Village of Bellaire. For those considering future development, the existing home provides an ideal place to live, work, or coordinate the project during the planning and construction process. Prefer to preserve the property's natural setting? Enjoy all 12 acres as a private residence or explore its potential as a short- or long-term rental investment. Whether your vision is a private estate, a mixed-use development, a business headquarters, or an investment opportunity, this unique Village of Bellaire property offers the space and zoning flexibility to bring it to life. With municipal approval, a pathway could potentially be added along the rear of the property to connect directly with Bellaire's community walking trail.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $434,000 |
| No. of Units: | 1 |
| Year Built: | 1965 |
| Lot Size: | 12.00 Acres |
| Opportunity Zone: | No |
| Price per unit: | $434,000 |
| Property Website | Click Here |
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