LOT SIZE 2.822 acres
MLS#6732075
STATUSActive
PROPERTY TYPELand - Residential
SCHOOLPhoenix Union High School District
Property Description
GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. Its ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..
Property Features
Property Type: Land - Residential
Lot Size: 2.82 Acres
Taxes: $13,403
Feature Descriptions
Water: City Franchise
Local Schools
Elementary School: Roosevelt Elementary School
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: My Home Group Real Estate
Agency Phone: 480-685-2760
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 5,333.28 per month $3,727.82 Principal & Interest $1,116.92 Property Tax $488.54 Homeowner's Insurance
111 E Southern Avenue, Unit - | MLS# 6732075
This land located at 111 E Southern Avenue, Unit -, Phoenix, AZ 85040 is currently listed for sale with an asking price of $1,675,000. The property has approximately 2.82 Acres. E Southern Avenue, Unit - is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.