Rare Devonshire Industrial Land Opportunity with Income Apartments
Position your business or investment portfolio for long-term growth with 4 Marsh Lane, a highly desirable 0.297-acre Industrial-zoned parcel in central Devonshire. Properties offering true industrial zoning in this location are increasingly scarce, making this an ideal site for commercial redevelopment, light manufacturing, warehousing, or custom contractor facilities.
Key Commercial Highlights:
Zoning Advantage: Industrial designation unlocks a wide array of potential commercial and light-industrial uses.
0.33 Acres of Prime Land: Ample footprint to clear, redesign, or build tailored facilities to suit your operational needs.
Immediate Cash Flow: Generate steady residential rental income while securing plans and permits. The existing 2,070 sq. ft. occupied dwelling features two self-contained 3-bedroom, 1-bathroom apartments (Upper ARV: $18,600 | Lower ARV: $16,800).
Minimal Overhead: Exceptionally low annual land tax of just $300 keeps holding costs to a minimum.
Capitalize on this rare chance to secure industrial real estate in Devonshire while offsetting your carry costs from day one.
To find out more about mortgages through Morston Financial, contact us today at mortgages@morstonfinancial.com or visit our website at morstonfinancial.com
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 7.00%, 30% deposit over a 25 year period.