Incredible MDR zoned land available for purchase. Directly adjacent to an existing large subdivision and surrounded with developing potential. Lancaster Planning & Development zoned this lot for 6-15 units per acre, but also stated that they will allow more units if desired. That could translate into $90,000.00 a month in total unit rental revenue, or $11,250,000.00 in gross sales revenue. Those figures can increase or decrease depending on how the units are built out. One of the best advantages of this parcel is that it already has direct access by two paved roads! Most undeveloped land in this area doesn't come with that kind of advantage. If you are a developer looking for land or an investor looking for a great piece to build your portfolio... this is the land you are looking for. Listed well below current market value so get your offers in today!
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
