1.02 Acres for 12 Commercial Units




Location- 43525 Gadsden Ave, 300 ft s/o Ave K

Area- west Lancaster
Acres-  1.02 net acres
APN- 3128- 2- 49
Zoning- CPD, commercial planned development
Topography- flat and level
Dimensions- 178 ft x 250 ft (approx.)

Utilities- all on site or in street


Price- $450,000

Existing Notes-  free & clear
Terms-  all cash

RemarksCommercial parcel of just over an acre in which the seller
has already begun, but halted, development.
. Current plans
call for 12 units, 20 ft x 50 ft deep, for a total of 1,000 sq feet each unit. The
foundation slab, some 12,000 sq feet, has already been poured. Subject parcel is
located just north of Coaches Bar & Grill. Area is “rooftop” rich with both houses
and apartments in area. Across Gadsden is a major apartment complex with 100’s
of units. North of Ave K are 100’s of SF homes.

Seller has already invested $558,000 in soft and hard costs. Break down of costs:

- $280k for plans, engineering, and contractors
- $100k in sewer and school fees
- $80k in grading costs
- $40k in plumbing & pouring of slab
- $58k for building permits

Buyer to verify all remaining development costs to their satisfaction.


SAFETY & CAUTION: Anyone inspecting, or walking on the property,
    off the road, should be aware that rattlesnakes and other desert wild life
could be in the area. 
Be careful and use common sense!       


Directions to Property: From the Fwy 14, exit at Ave K. Go east on Ave K for
5/8 of a mile to Gadsden Ave which has a traffic signal. Turn right (south) on
Gadsden Ave and go 300 feet. Stop. Subject parcel is located on your right and
is enclosed by a chain link fence.