Nestled within the heart of Derby lies a remarkable opportunity & 9.34 acres of land, strategically situated just off Rock Rd. Boasting flexible zoning regulations endorsed by Derby, this property is a canvas primed for diverse development ventures. With a price tag of $3.32 per sq ft, its value is underscored by the rare blend of location, zoning flexibility, and potential. Unlike neighboring parcels restricted to commercial zoning, this property's mixed-use zoning allows for a spectrum of possibilities, amplifying its allure. For those with an eye for investment, subdivision offers an avenue to unlock even greater value. By dividing the land, the back portion can be sold separately amplifying returns and enhancing investment potential. Embrace the opportunity to shape the future of this exceptional property and capitalize on its boundless potential.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.