For Sale
$6,370,000

0 Lincoln StBanning, CA 92220

14 Acres Prime Residential Development Land

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 14.26-acre parcel in Banning, California, presents a remarkable opportunity for high-density residential development. Located at the southeast corner of Lincoln Street and Woodland Avenue, this flat, raw land boasts a Very High Density Residential (VHDR) zoning designation, allowing for 24-30 dwelling units per acre. The property's strategic location offers easy access to the nearby Interstate 10 freeway, experiencing high daily traffic volume. Banning's recent growth, including new housing developments, retail centers, and businesses, underscores the strong demand for housing in the area. This "by-right" development opportunity allows for multifamily residential construction without the need for additional zoning approvals. The property's APN is 538-250-004

Highlights

  • Recently rezoned for multifamily development.
  • Very High Density Residential (VHDR) zoning.
  • 24-30 dwelling units per acre density.
  • By-right development for multifamily residential use.
  • Potential city incentives available.

Property Details for 0 Lincoln St

Property type
Land
Lot Size (sq. ft)
621,166 SF

Location Insight

City
Banning
County
Riverside
State
California
Latitude
33.921591714
Longitude
-116.90525296273
Lincoln St, Banning, California

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0 Lincoln St
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