0 E Ave J/48Th St E

Description

Outstanding land parcel in Lancaster! Just under 5 acres of land on paved Ave J at only $25k per acre. This is a corner lot, at the corner of Ave J and 48th St E, and there are power lines on Ave J. With frontage on Ave J, this property is easily accessible and provides an excellent development opportunity. This parcel also has a very close-in location. It is not a far-off desert parcel. This parcel is a very short drive to Lancaster Baptist Church/West Coast Baptist College, existing housing tracts, and Walmart at Ave J and 20th St E. Newer tract homes in close proximity to this parcel are selling for $500k or more. This parcel is firmly in the ''path of growth'' and is ideal for the buy-and-hold investor that is looking to park their cash in a quality land asset, with all of the valued characteristics in a land parcel. It is close to existing development, on a paved street, and it has power lines. It is also within the city of Lancaster boundaries, and not the unincorporated county. Great property!

Listing information courtesy of: Mark Mestepey, Castlestone Properties, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.