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.
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.