The property was built in 1953, making it 71 years old. The listing provides no evidence of major renovations within the last 50 years; instead, it mentions unpermitted additions (3rd bedroom, 2nd bathroom, 'office style' rooms), which often indicate a lack of professional upkeep and potential code issues. Crucially, all provided images are aerial views, with a complete absence of interior photos of the kitchen, bathrooms, or any other living spaces. This lack of interior representation, combined with the property's age and the explicit emphasis in the description on its 'mixed use commercial/residential' nature and potential for 'redevelopment' ('operate a business or redevelop it,' 'path of development,' 'also listed as commercial'), strongly suggests that the value is primarily in the land. The existing structure is likely considered to be beyond repair for comfortable residential living or would require extensive rehabilitation, aligning with the 'tear-down' criteria where the property's value is based solely on the land and its potential for redevelopment.