This property is for experienced real estate investors with proven fire-damage rehabilitation expertise. At under $200K with over 2,000 sqft on a .44-acre lot, this is the only home in its class within a 1-mile radius—but it requires serious skill and infrastructure to execute.

The home sustained approximately 60% fire damage and requires a full gut-and-rebuild: structural assessment, complete electrical and plumbing replacement, HVAC, roof, full interior reconstruction, kitchen and bath build-out, and code compliance. This demands experienced GC relationships, solid capital reserves, and realistic 6-12 month timeline. This isn't cosmetic—this is heavy rehab.

If you've successfully navigated fire-damaged properties before, you know the real opportunity. The entry price reflects the damage, not the finished asset's potential. The heavy lift at acquisition creates serious equity on the back end.

The real story is the lot. At .44 acres, this is one of the largest in the neighborhood. Concrete block construction provides solid structural bones for rebuilding. You also get a spacious 10x13 ft outbuilding and generous outdoor space for additional amenities depending on zoning. The lot alone commands premium pricing in neighborhood comps. A fully renovated 4-bedroom with media room on this lot becomes a fundamentally different asset—positioned as luxury residential with strong after-repair value upside.

Here's where the money is: the finished product commands significantly higher value than entry price. The spread between acquisition plus professional rehab versus neighborhood comps for similar homes on smaller lots creates serious investor upside. This is a rare large-lot entry at an aggressive price with strong neighborhood comps supporting post-rehab value creation. For experienced fire damage investors with proven GC relationships, project management discipline, and adequate working capital—this is a genuine development opportunity to build meaningful equity. For the right investor, this is a diamond deal.

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