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1112 W WATERS AVENUE

Lots/Land For Sale
$490,000

BTC: 5.97560976

ETH: 201.48026316

1 days
0 room(s)

Overview

Prime Commercial Development Opportunity on W. Waters Avenue Excellent opportunity to acquire a commercially zoned CG lot totaling approximately one-third of an acre along W. Waters Avenue. This property offers outstanding visibility and exposure on a major roadway surrounded by established commercial and retail businesses, with convenient access to nearby medical facilities and hospitals. The owner previously began construction on a proposed 8,500-square-foot, two-story office building. Building plans are available, although the existing permit has expired. A new owner may have the opportunity to utilize the existing plans and continue the project, subject to applicable permitting and approval requirements. Alternatively, the seller is willing to demolish the existing structure, allowing the next owner to explore other development possibilities.This is a unique opportunity for investors, developers, or business owners looking to capitalize on a prime commercial location and potentially acquire an existing building project at a reduced price. With excellent road visibility, surrounding commercial activity, and proximity to major medical facilities, this property offers exciting potential for future commercial development.

Location

Details

Type:
Land
Parking:
No Data
Year Built:
No Data
Lot:
0.38 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$249,500
$147K – $492K
Confidence Low
List vs. estimate
$240K above estimate
List $490,000 · +96.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,130
2025
All facts and features
  • Lot

    • Lot: 0.38 Acres

    Other Property Information

    • Parcel Number: A2628183FB00000000145.1

    • Zoning: CG

  • Type and style

    • Property Type: Land

  • Utility

    • BB/HS Internet Available

    • Electricity Available

    • Public

    • Water Available

  • Other financial information

    • Annual tax amount: $4,131

  • Source details

    • MLS ID: TB8557317

    Other facts

    • Lot Features: Buildable / Corner Lot / City Lot / Near Public Transit

    • Water Source: Public

    • Lot Size Dimensions: 149 x 110

    • Subdivision Name: WILMA

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: HOMEGROWN REALTY LLC