Nearly 5-acre holding property priced for today's market, not future development values. Offered at approximately $740,000/acre which is close to the cost of a single lot in Mission. The property is designated Urban Residential, allowing for future subdivision into single-family lots, duplexes, or small multi-family (fourplex) development, subject to municipal approvals. There is approximately 3.4 acres of usable land, with the potential to achieve 7-8 lots per acre once developable. This is an ideal long-term investment for a patient buyer looking to secure land at the right price during a softer market cycle. Well-located along a key corridor in a growing area, this property presents a rare opportunity to buy, hold, and benefit from long-term appreciation +future development potential (id:62865)