815-825 NE 5th Ter

• 37,125 Square feet (.85 acres) • Zoned RAC-UV Regional Activity Center Urban Village which allows a mix of multifamily, office and retail uses in a high density urban configuration • Up to 150 foot height limit with a maximum plot coverage of 90% • Site is ready to build with utilities to lot lines • Preliminary design work allowed for 100 apartment units with structured parking in an 8 story configuration • Immediate area undergoing massive redevelopment of residential, retail and hotel uses • Additional property may be acquired nearby for larger scale assemblage. Directly abuts Searstown redevelopment • Asking price is $3.7 million ( $100 per foot)