This expansive 19.4-acre parcel of vacant land offers an incredible development opportunity, situated in an area slated for a zoning change to C4, which will permit the construction of up to 270,286 square feet of building space. The final zoning approval will unlock a range of commercial, retail, and mixed-use possibilities for this prime property. In addition to the development potential, the land currently generates an income of approximately $5,000 per year from its well, providing a steady revenue stream. With its ample size and prime zoning status on the horizon, this site represents a rare opportunity for investors and developers to capitalize on a high-growth area.
PROPERTY SPECS
Price $5,975,000
City Leamington, Ontario
Address V/L Mersea Rd 5
Listing ID 25024253
Land Size 488.69 Feet X Irregular
Type Vacant Land
Status For Sale
EXTENDED FEATURES
SubtypeIC&IAcreage19.400OwnershipFreeholdHydroAt Lot LineUtility WaterMunicipal WaterNatural GasAt Lot LineBuilding PermitNot AvailableTelephoneUnknownEnvironmental StudyNot AvailableSewerUnknownVacant Land TypeIC&IDate ListedSep 23, 2025Days on Market73