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401 NE 6th Ave - Mixed-Use Redevelopment Opportunity
0.31 Acres of Industrial Land in Delray Beach, FL 33483
Investment Highlights
- CBD zoning allows up to 30 multifamily units/acre and wide variety of allowable uses
- Signalized hard corner site allows for multiple ingress/egress points
- Recent clean phase ii environmental assessment
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Sale Type | Investment | Property Subtype | Industrial |
| Sale Conditions | Redevelopment Project | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 0.31 AC |
| Property Type | Land |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Mixed Use |
| Total Lot Size | 0.31 AC |
1 Lot Available
Lot
| Lot Size | 0.31 AC |
| Lot Size | 0.31 AC |
Exciting, mixed-use redevelopment opportunity located at the corner of NE 6th AVE/S Federal Highway & NE 4th ST in Delray Beach. The +/- 0.31-acre development site lies within the coveted CBD zoning, which allows for a wide range of uses and density.
Description
Cushman & Wakefield of Florida, LLC, acting as exclusive advisor, is pleased to present the opportunity to acquire 401 NE 6th Ave, an exciting, mixed-use redevelopment opportunity located in Delray Beach, FL. Located within the coveted CBD zoning, the property allows for a wide range of uses and density including up to 9 multifamily units potentially depending on configuration. The hard corner site could also lay out as an interesting retail development with the Publix shadow anchor directly across the street. Recently received a clean Phase II environmental assessment, currently improved with a 3,780 SF industrial building which is leased on a short-term basis providing immediate income while entitlements are secured.
PROPERTY TAXES
| Parcel Number | 12-43-46-09-30-000-0260 | Improvements Assessment | $413,662 CAD |
| Land Assessment | $925,984 CAD | Total Assessment | $1,320,979 CAD |
PROPERTY TAXES
zoning
| Zoning Code | CBD (CBD (Central Core Sub-District)) |
| CBD (CBD (Central Core Sub-District)) |
Presented by
401 NE 6th Ave - Mixed-Use Redevelopment Opportunity
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