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34406 N 12th Street, Phoenix, AZ 85085

$12,500,000
  • 34406 N 12th Street, Phoenix, AZ 85085 Main Photo

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Active
LOT SIZE 4.700 acres MLS#6968500
STATUSActive PROPERTY TYPELand - Commercial SUBDIVISIONCarefree Hwy - 179 Acres SCHOOLDeer Valley Unified District

Property Description

Prime 17.9-acre parcel featuring approximately 616 feet of frontage along Carefree Highway. APS power is available to the property. A rare and significant asset includes three water sources: a 1 city meter, a newly drilled well capable of producing up to 20 GPM (metered to 12 GPM), and an existing well producing approximately 3-5 GPM. Notably, the City of Cave Creek has not issued new water meters since December 2021. Currently zoned R-43, with the seller actively working with the county toward rezoning to C-2 zoning. Seller plans to invest over $1,000,000 in landscaping and drainage improvements. Survey completed, with traffic count study and topographic map underway.NOTE: Parcels 211-74-011, 211-74-012-F, & 211-74-015) are to be sold as a single transaction.

34406 N 12th Street | MLS# 6968500

This land located at 34406 N 12th Street, Phoenix, AZ 85085 is currently listed for sale with an asking price of $12,500,000. The property has approximately 4.70 Acres. N 12th Street is located within the Deer Valley Unified District school district. Search Phoenix real estate on www.arizonabest.com today.

Property Features

Property Type: Land - Commercial
Fenced: Yes
Lot Size: 4.70 Acres
Taxes: $11,343

Feature Descriptions

Days on Site: 133
Horse Features: Other
Sewer: Other
Special View Info: Other
Water: City Franchise, Private, Domestic

Local Schools

High School: Deer Valley High School
Middle School: Desert Mountain School
Elementary School: Desert Mountain School
School District: Deer Valley Unified District

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty
Agency Phone: 480-951-1010

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 32,410.66 per month $27,819.58 Principal & Interest $945.25 Property Tax $3,645.83 Homeowner's Insurance

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