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Vac Lancaster Vic 45th St blvd
Lancaster, CA 93535
Land For Sale
·
1.12 AC
Investment Highlights
- 14 to 25 home development possible lot for sale at 750,000 Cross St : Thurman Dr and Rogina Ave
Executive Summary
14 to 28 SFR house development opportunity Lot price $ 750,000
Neighborhood is developed nearby this lots so unitlity connection would be smooth process.
There are 2 lots ( 1.9 acres and 1.42 acres )= total 3.32 acres x 43,560 sqft = approximately 144,619.20 sqft lot for sale
14 house lot size currently divided with map adds up as approximately 114,256 sqft
Currently lot is divided for 14 lots however, due to population growth of the area, the professionals are suggesting the possibility to divide the lot with 4000 sqft with samller lot or so for more home development. The house value of 2200 sqft to 2400 sqft value is about $500,000 x 14 = $7,000,000.
If lot is divided to 114,256 / 28 houses = 4,080.57 sf
28 house x $500,000 = $14,000,000 after devepment
For more homes, twin homes, town homes or condo can be built.
Neighborhood is developed nearby this lots so unitlity connection would be smooth process.
There are 2 lots ( 1.9 acres and 1.42 acres )= total 3.32 acres x 43,560 sqft = approximately 144,619.20 sqft lot for sale
14 house lot size currently divided with map adds up as approximately 114,256 sqft
Currently lot is divided for 14 lots however, due to population growth of the area, the professionals are suggesting the possibility to divide the lot with 4000 sqft with samller lot or so for more home development. The house value of 2200 sqft to 2400 sqft value is about $500,000 x 14 = $7,000,000.
If lot is divided to 114,256 / 28 houses = 4,080.57 sf
28 house x $500,000 = $14,000,000 after devepment
For more homes, twin homes, town homes or condo can be built.
Property Facts
1 Lot Available
Lot 14
| Price | $749,900 | Lot Size | 1.12 AC |
| Price Per AC | $669,553.57 |
| Price | $749,900 |
| Price Per AC | $669,553.57 |
| Lot Size | 1.12 AC |
14 residential vacant land for sale,Lot size divided with map, 1)7361 sf 2)8903 sf 3)7378 sf 4)6979 sf 5)8810 sf 6)8782 sf 7)8754 sf 8)7276 sf 9)7276 sf 10)7251 sf 11)9855 sf 12)8516 sf 13)8544 sf 14)8571 sf
Description
Merced City ??? Thurman Dr and Rogina Ave The title to be change to Vacant Residential Land For Sale!!!!
Property Taxes
| Parcel Number | 3153-003-088 | Improvements Assessment | $0 |
| Land Assessment | $80,110 | Total Assessment | $80,110 |
Property Taxes
Parcel Number
3153-003-088
Land Assessment
$80,110
Improvements Assessment
$0
Total Assessment
$80,110
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