Rare Opportunity Zone Tax Shelter Lot well-located in Wilmington with direct access to the Port of Los Angeles. with strong development upside at an attractive land basis. The property sits on approximately 6,758 SF of land of which 5,125 sq ft are buildable with C2 zoning, General Commercial land use,… Read More and multiple potential development pathways for a buyer to explore.
The site is identified as TOC Tier 2, ED1 eligible, and located within an Opportunity Zone, giving developers several angles to evaluate for a future residential or mixed-use project. At an asking price of $499,000, the property is priced at approximately $/SF of land, offering a compelling basis compared to nearby land sales.
While the lot is impacted by setback requirements and an alley easement, these constraints are already identified upfront, allowing buyers to underwrite the site with more clarity from day one. For a developer, this is a practical infill opportunity with a manageable lot size, commercial zoning, transit-oriented incentives, and a price point that leaves room to work through design and entitlement strategy.
This lot is situated perfectly for storage, car parking, truck parking or residential development. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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