Investor Opportunity while receiving existing rental income! Townhouse Development or Commercial Opportunity located in Water & Sewer Service District Area (SWSA) in Urban Center overlay. Public utilities directly across street, signalized intersection with Channing Drive, only five minutes from downtown Winchester. Potential for 30 townhome units or more. Commercial development may also be available. Currently zoned RA with a SF rental that is occupied by quality tenants on month to month basis. SF is a 4 bedroom/1 bath all-brick house. Excellent rental opportunity during entitlements and engineering. Offered at $319,900. Excellent value at only $67,347/acre. Purchaser to do its own Due Diligence.