Block 1 Lot 5
- For Sale: $1,630,000
- Ownership open to long-term land lease with lower upfront costs and potential tax benefits
- 2.2-acre vacant lot in one of the market’s most up-and-coming commercial corridors
- Located between Albertsons, Starbucks, First Interstate Bank, Western Security Bank and Diamond X
- Excellent visibility and strong traffic counts
- Surrounded by established restaurants, coffee shops, retail, and service businesses
- Well-suited for a master-planned mixed-use development
- Ideal for restaurant, multifamily, fitness, medical, office, or neighborhood retail uses
- Legal Description: MK SUB, S31, T01 N, R25 E, BLOCK 1, Lot 5, (08) ANNEX - 07-18533 (08)
Property Description
Ownership is open to considering a long-term land lease, offering meaningful advantages to users and developers, including: Lower upfront capital requirements Potential tax advantages Increased flexibility while securing a premier location long-term This structure can be particularly attractive for businesses or developers seeking to deploy capital more efficiently while maintaining a strong presence in a high-demand corridor.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,631,514 |
| Lot Size: | 2.16 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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