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Anaheim St and Lagoon Ave Parcel
Wilmington, CA 90744
Asking Price
$499K
Asset Type
Land
Class
Class B
What's Special
Land | 5,125 SqFt <ul><li>Approx. 6,758 SF usable for parking, with approx. 5,125 SF usable for development</li><li>Approx. $73.84/SF of land</li><li>C2 zoning</li><li>TOC Tier 2 and ED1 eligible</li><li>Opportunity Zone tax shelter</li><li>Potential residential, commercial, affordable, or mixed-use development pathways</li><li>Clear upside for a buyer who can navigate site planning, setbacks, and easement considerations</li></ul>
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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643
