West Lancaster Developer Parcel


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Location- 35th St West & Ave M-8

  
Area- west Lancaster Ü Quartz Hill
  
Acres-  9.39 net acres
  
 
APN- 3111- 1- 63
 
Zoning- Semi Rural Residential (2 per acre) approved Tentative map for 15 lots
 
Topography- level & flat
 
Dimensions- parcel is square; 619 ft x 660 ft
 

Utilities- all utilities to property, on Ave M-8

 

Price- $380,000 (40,468 per acre)
 
Existing Notes-  free and clear
 
Terms-  all cash
 

Remarks- This property fulfills the three rules of real estate: location, location, location! Subject parcel is surrounded by completed subdivisions, ranging in value from $500,000 to well over $1M. Los Hermanos, the best and highest valued gated subdivision in the AV, is located to the NE. Equestrian Estates, which has large estate homes on 1 acre + lots, is located to the west. Pulte Estates is located just across Ave M-8, to the south. Portifino Estates, another gated community is located to the NW, at 45th St West, north of Ave M-8. Several other parcels in area have been mapped, just waiting for the market to improve. This property itself has a tentative map for 15 lots, but the seller assigns no value to the map in this current weak environment. Ave M-8 is paved and all utilities are present. This is a developer property being offered at investor pricing. The last tentative maps to sell in this area went for $110,000 per paper lot which gives the patient investor a chance to triple their money.

Buyer(s) should verify the location and access costs of all utilities, and any potential land use desired.

 

SAFETY & CAUTION: Anyone inspecting, or walking on the property,
    off the road, should be aware that rattlesnakes and other desert wild life
could be in the area.  Be careful and use common sense!       

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Directions to Property: From the Fwy 14, exit at Ave N. Go west on Ave N to 40th St West, a distance of 2 + miles. At 40th St West, turn right (north) towards water tanks and proceed one half mile to Ave M-8. At Ave M-8, turn right (east) and proceed one half mile to 35th St West. Stop. Subject parcel is on your left, the north side of Ave M-8, and the NW corner of 35th St West & Ave M-8.