Banning, CA 92220,0 W Lincoln ST
$1,096,000
$1,200,000
8.7%
Est.Price: ?

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9.26 Acres Lot

0 W Lincoln ST Banning, CA 92220

Est. payment /mo
SOLD DATE : 12/09/2022

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Key Details

Sold Price $1,096,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22151267

Sold Date 12/09/22

HOA Y/N No

Lot Size 9.260 Acres

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

Interior

Fireplace No

Exterior

Community Features Urban

View Y/N Yes

View Mountain(s)

Building

Lot Description Lot Over 40000 Sqft

Water Public

New Construction No

Others

Senior Community No

Tax ID 538250004

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Adarsh Saigal • Realty Pro 100
Bought with HUALI ZHU • IRN REALTY

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Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

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