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Nugent Street
Lancaster, CA 93535
Opportunity Zone-SELLER FINANCING AVAILABLE! · Land For Sale · 0.23 AC

Investment Highlights

  • SELLER MAY FINANCE 50%
  • Employment Commercial Zone
  • Transit Orient District/Opportunity Zone

Executive Summary

SELLER FINANCING AVAILABLE! 4 Contiguous Parcels in the New Transit Orient District. UTILITIES IN THE STREET. Zoned for Employment Commercial Zone (EC Zone). Property is also in the OPPORTUNITY ZONE. The Employment Commercial Zone is a flexible, multi-use transition zone between residential areas and industrial areas that accommodates Office and Retail uses in buildings up to 3 stories in height. Per City of Lancaster Permitted Uses in this new zone are: Art Gallery, Bank/Credit Union, Grocery Store/Mini Mart, Personal Services, Restaurants, Retail Store, Prof Ofc, Medical/Dental Ofc, Church, Gov't Ofc, Private/Trade School, Museum, EV Charging Station, Solar Panels, ATM's/Vending Machine, Research and Development and Many Other Uses Upon Director's Review. City info shows building up to 5 stories permitted. See attached City of Lancaster TOD Zone Information Sheet. Approx 1,000 feet from Train Station. ($299k all four parcels-31380034-010,011,012 & 013-SELLER MAY FINANCE WITH 50% DOWN) Seller is licensed to sell RE in Ca.

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 0.23 AC
Cross Streets Trevor Avenue
Opportunity Zone Yes
Zoning TOD/EC Opportunity Zone - Opportunity Zone, Transit Orient District and Employment Commercial Zone Seller is licensed to sell RE in Ca.

1 Lot Available

Lot 010

Price $299,000
Price Per AC $1,302,446.33
Lot Size 0.23 AC

4 Contiguous Parcels in the New Transit Orient District. UTILITIES IN THE STREET. Zoned for Employment Commercial Zone (EC Zone). Property is also in the OPPORTUNITY ZONE. The Employment Commercial Zone is a flexible, multi-use transition zone betwee

Description

SELLER FINANCING AVAILABLE!! 4 Contiguous Parcels in the New Transit Orient District. UTILITIES IN THE STREET. Zoned for Employment Commercial Zone (EC Zone). Property is also in the OPPORTUNITY ZONE. The Employment Commercial Zone is a flexible, multi-use transition zone between residential areas and industrial areas that accommodates Office and Retail uses in buildings up to 3 stories in height. Per City of Lancaster Permitted Uses in this new zone are: Art Gallery, Bank/Credit Union, Grocery Store/Mini Mart, Personal Services, Restaurants, Retail Store, Prof Ofc, Medical/Dental Ofc, Church, Gov't Ofc, Private/Trade School, Museum, EV Charging Station, Solar Panels, ATM's/Vending Machine, Research and Development and Many Other Uses Upon Director's Review. City info shows building up to 5 stories permitted. See attached City of Lancaster TOD Zone Information Sheet. Approx 1,000 feet from Train Station. ($299k all four parcels-31380034-010,011,012 & 013)

Property Taxes

Property Taxes

Parcel Number
3138-034-010
Land Assessment
$8,877
Improvements Assessment
$0
Total Assessment
$8,877
  • Listing ID: 28290001

  • Date on Market: 4/21/2023

  • Last Updated:

  • Address: Nugent Street, Lancaster, CA 93535

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