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0 W Lincoln ST Banning, CA 92220
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Key Details
Sold Price $1,096,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Square Footage 403,366 sqft
Price per Sqft $2
MLS Listing ID PW22151267
Sold Date 12/09/22
HOA Y/N No
Lot Size 9.260 Acres
Acres 9.26
Property Description
Excellent development opportunity in a prime area of Banning.
14.26 acres (combined) of flat residential land. It is located at the south-east corner of Woodland Ave and Lincoln St. There are two parcels. Parcel APN 538-250-004 is 9.26 acres and parcel APN 538-261-001 is 5 acres. Zoning is low density residential (LDR). There was a tentative tract map (TTM) developed but not submitted for approval for building 57 homes. City planners have told the owners that the larger parcel is currently in consideration for changing to High Density with up to 20+ units allowed per acre.
The buyers are responsible to perform their own investigation to confirm zoning, potential applications and access to utilities with the City and other governmental agencies.
SOILS REPORT AND PROPOSED TENTATIVE TRACT MAP DONE A FEW YEARS AGO IS AVVAILABLE FOR REVIEW.
LIsting agent has ownership interest in the subject property and one or more other owners are realtors.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning LDR
Exterior
Community Features Urban
View Y/N 1
View Mountain(s)
Building
Lot Description Lot Over 40000 Sqft
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 3.0
TERMS Cash
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent,See Remarks
SHOW CONTACT NAME SAI
SHOW CONTACT PH 7143965119
SHOW INSTRUCTIONS Vacant Land. Show any time. There is an older sign on the property from another agency. Updated sign will be placed on the property by July end. Call agent Sai Saigal at 714-396-5119 for additional details.
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Bought with IRN REALTY