This spacious .21-acre flat lot, with 71.5 ft of frontage and 125 ft of depth, presents an exceptional investment opportunity. The property owners have already initiated the subdivision process, aiming to divide the lot into two separate titles. Pin locations are in place, allowing a clear view of the proposed division, and building plans for the two new lots are available upon request. The property is serviced with both water and sewer connections on-site. Should you choose to proceed with the subdivision, only one connection fee will be required from the city main, streamlining initial costs. This lot is ideal for various development options: maximize your investment by completing the subdivision or enjoy the freedom to build on a larger lot with ample space. Buyers are advised to confirm subdivision costs and requirements with the City of Merritt. Whether you're looking to invest or build, this property offers versatility, convenience, and potential. (id:2493)
Data was last updated May 12, 2025 at 05:15 AM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$3,424,950
Min list price:
$144,000
Max list price:
$9,500,000
Avg days on market:
169
Min days on market:
2
Max days on market:
434
These statistics are generated based on the current listing's property type
and located in
Merritt. Average values are
derived using median calculations.
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