Opportunity Fund Zone Project.This downtown vacant lot offers an excellent multi-family development opportunity. Zoning will allow for four or five units. The lot is located just off upper King Street and is zoned DR-2F, high-density multi-family requires 1650 SQFT of lot area per unit. The location does not require architectural review board approval. Based on preliminary FEMA flood maps (9/9/16, #45019C0512K), the property is in an X flood zone, and is one of only three vacant lots listed north of the Crosstown. One block from Rodney Scott's BBQ, walking distance to all restaurants and shops on upper King. This is a great location that is only getting better. a high-return investment opportunity. Deed indicates the lot SQFT to be 8720.
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