$3,950,000

600 Sheridan St. has multiple options for development under its newly designated CGO (Commercial, General, Office) zoning that takes effect April 1, 2022. The CGO zone is part of the Countywide Map Amendment process that began in 2018. For residential developers, the county shows a maximum of 20 dwelling units per acre for townhouses, or a maximum of 48 units per acre for apartments. One of the highest and best uses for this parcel is for development of a self-storage facility, which is by-right. County planning officials state that there’s no specific FAR or density maximum for this parcel/zoning for non-residential development. Rather, it’s determined according to the intensity and dimensional standards in the zoning and use regulations, as well as the development standards. Ownership is estimating self-storage potential in the 100,000 gross SF +/- range. For hotel developers, current ownership has a proposed plan for a 98-room, 5-story, 64,575 SF hotel. There are many other development options including retail, healthcare, veterinary and office. Consult with your zoning/engineering experts to determine density potential of this site for your use.

Listing Map