W 40th St West & Ave J, Ne Corner

Located in highly desired west Lancaster at the NE corner of 40th St West & Ave J. Zoned R 7,000 by the City of Lancaster. Zoning allows up to 4 home sites per acre. If your builder can get Additional Dwelling Units (ADU's) approved also, then 8 homes per acre. City of Lancaster has already approved, and a builder has completed, a similar project with 2 homes per lot, just 3/4 miles to the south at 40th West & Ave J-12. Conservatively, parcel could yield 25 home sites and if each lot had an ADU, that would total 50 homes. All utilities are in the street. Major / mature housing just across Ave J to the south. County Fire Station next door on the north. Highest & best use: build now / hold for investment. ALL CASH. Buyer and buyer's agent to verify all information provided herein by listing broker.