Prime development opportunity at 329 Wayne Ave, ideally located directly across University Street from UCO’s wellness center. This property features a City-approved PUD for an 11-unit multifamily (efficiency) development, offering a rare, ready-to-build opportunity in a high-demand student housing corridor.
The lot sits on the north edge of UCO’s highly anticipated “Broncho Block”—a 6-block redevelopment project—positioning it to benefit from significant nearby investment, growth, and long-term value appreciation.
The existing home on the property is in poor condition and is being sold as-is, with the primary value in the land and approved development potential.
An outstanding opportunity for developers or investors to deliver a well-positioned project in a rapidly evolving area.