$337,500
Situated near Avenue H and 40th Street West in Lancaster, this expansive 5.131-acre vacant parcel offers a prime opportunity in a rapidly developing submarket. The property benefits from a strategic location amid ongoing residential and economic growth, making it well-suited for future development or long-term investment. Also available for purchase is the adjacent parcel (APN #3107-027-032), comprising 3.764 acres and zoned LAR12*. The two properties may be acquired together for a combined asking price of $269,100, totaling 8.895 acres of contiguous land. Both parcels are zoned to allow a variety of uses, subject to city and local regulatory approvals. Buyers may explore multiple development strategies to align with market demand and investment objectives. With Lancaster continuing to experience steady population growth, infrastructure expansion, and economic development, these parcels represent a compelling opportunity for investors and developers seeking land positioned for future appreciation.
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Listed by Walter Castillo with Coldwell Banker Realty (323) 464-9272
Property Type
Land
Status
Active
MLS Number
26643711
Year Built
N/A
Lot Size
5.13 acres