+/- 3 Acres | Residential Development Site Lot | Terrain residentiel | 1,21 ha | À vendre | 953 581 € | Highland, CA 92346

For the first time on the market in 65 years, the ±3 acre Pacific Street property is one of the last remaining pieces of undeveloped land in this submarket, other than what has already recently sold. The city of Highland has multiple major compelling factors, i.e. a newly opened Costco, and new stores under construction for Stater Bros, Dutch Bros, Extra Space Storage and more. The site is a short drive to the Yaamava Resort & Casino. The flat, flag-shaped parcel has zoning that ranges from 5 units-to-12 units per acre. A developer could either build for-sale housing or for-rent housing. Nearby comparable sales are in the 550k range and those are for homes built in the 1960’s/1970’s, thus new housing would achieve a premium. The site has an easement that allows drainage to the south, and utilities are to the site or very close by.