W Lincoln St - West Lincoln Street & Woodland Ave
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W Lincoln St - West Lincoln Street & Woodland Ave
14.26 Acres of Residential Land Offered at $6,370,000 in Banning, CA 92220
Investment Highlights
- Enormous frontage on Lincoln/Woodland
- Recently upzoned for more units per acre
- Freeway Proximity
Executive Summary
The subject property sits on the Southeast corner of Lincoln Street and Woodland Avenue in the City of Banning, CA. The site spans an enormous 14.26 Acres of raw flat land on Lincoln. Area site is served by the adjacent 10 freeway experiencing heavy daily cars per day.
Banning has benefited from many new large scale housing developments, as well as new retail and business centers. The site is a prime development opportunity to serve the increasing need for housing in the community.
Banning has benefited from many new large scale housing developments, as well as new retail and business centers. The site is a prime development opportunity to serve the increasing need for housing in the community.
Property Facts
| Price | $6,370,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 14.26 AC |
| Price | $6,370,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 14.26 AC |
1 Lot Available
Lot
| Price | $6,370,000 | Lot Size | 14.26 AC |
| Price Per AC | $446,704.07 |
| Price | $6,370,000 |
| Price Per AC | $446,704.07 |
| Lot Size | 14.26 AC |
14 Acres of Very High Density Residential (VHDR),24-30 dwelling units per acre. Just recently zoned to accommodate multi-family development
Description
14 Acres located on the SEC of Lincoln & Woodland Ave
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zoning
| Zoning Code | VHDR (Very High Density Residential Zone (24-30 DU/AC)) |
| VHDR (Very High Density Residential Zone (24-30 DU/AC)) |
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W Lincoln St - West Lincoln Street & Woodland Ave
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