Overview

This lot in Midland is for sale. It has been on the market 41 days, fresher than the Midland average of 99 days.

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Description

10.32 acres of vacant land with approximately 650 feet of frontage on Highway 12, offering excellent exposure and development potential in a beautiful, scenic setting.The property features a proposed self-storage development consisting of four buildings: two single-storey buildings of approximately 10,118 sq. ft. each, one two-storey building of approximately 21,000 sq. ft., and one three-storey building of approximately 15,000 sq. ft.With Highway Commercial zoning, the property offers significant flexibility and the potential to accommodate a wide range of commercial uses, providing an excellent opportunity for investors, developers, and owner-users.A rare combination of substantial land, highway frontage, flexible zoning, and a proposed development concept makes this an attractive opportunity for future growth and long-term investment. (id:66096)

Property Details

MLS®: S13825850
Property Type: Vacant Land
Zoning: Highway Commercial
Lot Size: 10 acres
Frontage: 450 ft
Price per Acre: $135,562 per acre
Heating: Other
Cooling: None
Property Tax: $21,866.93/yr
Listed: 41 days ago

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

41d

Midland listings, avg age

99d

List price

$1.40M

Haho

This vacant land in Midland has been listed for 41 days, which is 58 days fresher than the city average of 99. Act while there is still low competition.

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Listed by EXP REALTY · ANNE-MARIE MARTINS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4R)

This home lists at $1,399,000, about 19.8× the local median household income of $70,500.

Carrying it typically needs a household income of about $273,274 (20% down, 25-yr amortization, stress-tested) — roughly 288% above the area median.

Median household income: $70,500
Population: 19,245
Median age: 50.4
Owner / renter: 68% / 32%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA L4R)

$1,399,000

For sale

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Financing

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189 Pillsbury Drive, Midland - Vacant Land for Sale