Property Description

PRICE REDUCED-$2,900,000. A rare opportunity to acquire ±9.71 acres of prime, developable land within Ashlands adopted Normal Neighborhood Plan, the citys designated area for sustainable, mixed-use growth. Three contiguous parcels with direct East Main Street frontage lie just outside city limits yet within the Urban Growth Boundary, contiguous to existing city limits and services -- the only parcel in the Plan area with stand-alone annexation-readiness in the chain of contiguity, providing a clear, efficient path to Type III annexation. The City may establish an Advance Financing District (AFD) to help offset infrastructure costs such as sewer oversizing and frontage improvements, reducing upfront expense. The site also carries the only commercial overlay (NN-1-3.5-C) in the entire 93-acre Plan area. With utilities at frontage and anticipated zoning of NN-1-5, NN-1-3.5, and NN-1-3.5-C, the assemblage suits a blend of residential and neighborhood-scale commercial uses.