V/L Otter LINE

Attention developers and investors — here is a rare opportunity to acquire 130.62 acres of land located within the urban boundary of the town of Wallaceburg. Currently being utilized as productive cash crop acreage, this exceptional parcel is being offered at approximately $26,000 per acre. With its strategic location and substantial size, the property presents outstanding future potential for development, investment, or long-term land banking opportunities. Present zoning on the property is a combination of Residential Low Density, Residential Medium Density, Open Space, Deferred Development, and Hazard Land, providing a wide range of future planning and development possibilities subject to municipal approvals. The property is located on the south side of Otter Line and also fronts on the east side of Water St and Main St. The property has considerable frontage on the south side of Otter Line to the east of Water St. The parcel is irregular in shape and is bisected by Otter Creek. (id:53361)