Property Description

Excellent east Lancaster development and investment opportunity. Two adjacent parcels are located at the corner of 40 St. E and Ave. J-8. Parcels are listed separately and can be sold individually or together. This listing is for APN# 3150-016-025 - 29.55 acres - asking $1,047,500.00. Second parcel - APN# 3150-016-024 - 9.24 acres - asking $327,500.00 is listed separately. City of Lancaster - Residential R-1-7000 - zoning may allow for over 160 single family lot sub-division with potential for over 160 additional ADUs for combined parcels. (Not been verified - Buyer is advised to verify with City of Lancaster Planning Department). Combined parcels have approximately 1,300 feet of paved frontage on the east side of 40th St. E plus approximately 1,300.00 feet of frontage on unimproved Ave. J-8. Power and phone lines are visible along 40th St E at the parcels. Water and sewer now serve existing homes located at the southwest corner of 40th St. E and Ave. J-8. Enterprise Elementary School is located across the street from the parcels at 35 E and J-4, E, Lancaster High School is located at 35 E and J-8 and Lancaster Baptist College is located at 40th Street E Avenue J. All schools all within walking distance of subject parcels. (Longitude/Latitude: 34.683480°/-118.057889°). All data is provided without verification or warranty. Buyer is advised to verify all data and the suitability of the parcels for Buyer's intended use.

Property Features