This is the development opportunity you've been waiting for! Collect rents while you wait for your permits, or raise lease amounts to market for great cash flow. CAP rate is for projected rents. Two tenants currently in place; both leases are well below market, and will expire July 2023. 1.5 acres on industrial land consisting of three 1/2 acre parcels. Zoned PIP2 APZ1 AO, allowing for many uses, perfect for outdoor/ storage, self-storage facility, warehouse and many others. Buyer to verify zoning info with City planning.