$300,000 / 1br - 7500ft2 - R3 zoning lot in down town Newman 3 units allowed (Newman)

I am selling a large lot 7500 sf. 75 ft by 100 ft. With side access by alley front street is 75 ft. One block from Main Street (banks stores etc..). Utilities are in currently is a Studio with laundry room . Owner lives in it. The studio is a legal construction about 430 sf has kitchen bath and large living area. ( studio) entry at sidewalk and side. Selling for $300k cash. The three internet sites value this lot as per other near by houses sold. Which is undervalue cause lot is big snd zoning is 3 houses or could do mixed use. As the commercial stores are just across the street. It is a bargain at this price. $300,000. Low taxes. The studio has all utilities in. If interested please leave name phone. I can show it in appointment only. No financing by owner … all cash. I. An assist with lay out of possible development plans. I am a retired Architect with practices … principals only .?