Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded… Read More by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often. Parcels: 122-57-003-A & 112-57-005-A Read Less
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
66
Last Updated
Property Type
Land
Lot Size
0.32 Acres
MLS Number
6872613
30 Days Snapshot Of 85040
$168k
-53%
(avg) sold price
1
-96%
home sold
20
-77%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Other structures: "None"
Lot
0.32 acres, 14,136 sqft, "North/South Exp"
Property
Zoning: R-5
Sewer
"Public Sewer"
Taxes
Annual amount: $488, Lot: 13
Utilities
"APS"
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