3100 Banks Street was a vacant lot located between S. Lopez and S. Salcedo. The land is currently undergoing construction with plans for 21 condominium units with 5,000 SF of ground floor retail. The plan is for the condos to be individually sold and the commercial space to be leased as a longer term hold. The project is being marketed to be purchased prior to completion by NORF Companies.
PROPERTY TYPE
Mixed-Use/Multi-Family
DEVELOPMENT COST
$6M
ESTIMATED COMPLETED ASSET VALUE
$8M
