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3314 Harrisburg Blvd - Empty Lot Across From New Hope Housing


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Waste water permits in the system for 3314 Harrisburg Blvd by Niazi Family Investments, the owners of King Fuel, Inc. (the gas station on the corner of Harrisburg + Milby). They own quite a few parcels of land in the area.

In my experience, WW permits indicate the start of a project or the preparation for a land sale. Can't find any additional information on the land use plans right now.

Their parent company is linked to a billion different smaller entities:

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This block or two along Harrisburg has some nice momentum. Fortunately, have to think that they wouldn't be building another gas station just two blocks from their other location and this lot is about 25% smaller at 14,800 sq ft. 

Land is this area is appraised at $32/sq ft. Feel like it is probably worth a bit more than that considering that double lot a block away is asking for $172/sq ft.

I wondered if the tax bill is pushing along a sale, but it is probably that massive potential valuation. Their tax bill went from in $675/month 2017 to $1050/month last year. No increase for 2021. 

 

 

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  • 4 weeks later...
1 hour ago, ljchou said:

Townhomes?
 

Looks like it. There really aren't any townhomes near here. Maybe Milby @ Menard are the closest ones? 

I really enjoy that there is a shared driveway with only one curb cut in the middle. Commercial has some momentum in this area, why not residential now? 

Only 500' from the light rail station.

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On 11/19/2021 at 5:43 PM, wilcal said:

Looks like it. There really aren't any townhomes near here. Maybe Milby @ Menard are the closest ones? 

I really enjoy that there is a shared driveway with only one curb cut in the middle. Commercial has some momentum in this area, why not residential now? 

Only 500' from the light rail station.

Valesco and Garrow. probably the same distance as the ones you reference.

then you can go south to McKinney and turn east or west and find plenty of townhomes.

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6 hours ago, samagon said:

Valesco and Garrow. probably the same distance as the ones you reference.

then you can go south to McKinney and turn east or west and find plenty of townhomes.

Nah, you win by about 500 feet actually. Yours only about 1,000 feet. That still is pretty far, though. 

I forgot that New Hope has retail space that is empty. Going to take more than a couple of townhomes, but hopefully we'll get that filled in, too. 

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19 hours ago, samagon said:

Valesco and Garrow. probably the same distance as the ones you reference.

then you can go south to McKinney and turn east or west and find plenty of townhomes.

If we want to improve density in this area, we need more than 10-12 townhomes every five or so blocks. It especially makes sense to build more townhomes in this immediate area due to the proximity to the Coffee Plant/Second Ward Station for the Green Line.

Once you cross the tracks and hit McKinney, you’ve entered EaDo, which if anything has a bit of an over-saturation of townhomes. 

13 hours ago, wilcal said:

Nah, you win by about 500 feet actually. Yours only about 1,000 feet. That still is pretty far, though. 

I forgot that New Hope has retail space that is empty. Going to take more than a couple of townhomes, but hopefully we'll get that filled in, too. 

Precisely.

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