I’m purchasing a property in a light industrial area to rehab and sell.   It’s a very charming small Victorian house on a decent lot but it’s surrounded by industrial.  The area is very clean and there are restaurants and such very close.  To the east across the railroad tracks a few blocks is one of the hottest areas in town where this property would go for $650k and the shops/ restaurants and bars are very popular.  To the west is a working class neighborhood where this house would go for $450k.  To the north is vacant land which is about to be mixed use entertainment district with a stadium.  
What should I expect to get for it?  Will there be buyers willing to live there?   How is the market for sub $500k now?

I will do a great renovation, I’m a veteran of this.  It will be a 2/1 with 1000 sf.