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# 3150-016-024 - 9.24 acres - $327,500.00. APN# 3150-016-025 - 29.55 acres - is listed separately for $1,047,500.00. 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.
Bathrooms
0
Lot Size
402,494 sqft
Days on Market
7
HOA Fee
N/A
MLS #
41136938
Lot Features
Corner Lot, Street Level
$0
| Rating | School Name | ||
|---|---|---|---|
| No school data available for this area. | |||
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features
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