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$680,000
Phoenix, AZ 85040
MLS# 6591164
1 / 17
Property Description
Amazing opportunity! Vacant land located in the North East corner of Broadway Rd and 28th Street. This listing is composed of four parcels. Zoned R-5 Multi-family High Density (Up to 43.5 units per acre) This land has 275 feet of frontage on Broadway Road and 145.2 feet of frontage on 28th Street. In addition this land is located on a City of Phoenix Opportunity Zone, a program that provides great tax benefits to investors. To learn more about Opportunity Zones go to:https://www.phoenix.gov/econdev/opportunity-zones
Details
Maps
Contract Information
Current Price: $680,000
List Price: $680,000
Status: Active
List Date: 2023-08-09
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: Y
Location, Tax & Legal
House Number: 2804
Compass: E
Street Name: BROADWAY
St Suffix: Road
Lot #: -
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Country: USA
County Code: Maricopa
Assessor's Map #: 17
Assessor's Parcel #: 40
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 122-17-040-A
Legal Description (Abbrev): CAREFREE HOMES MCR 29-18 LOT 26 SE4 & S2 LOT 24 BLK 7 EX S 7F
Subdivision: CAREFREE HOMES BLK 8
Census Tract: 115200
Tax Municipality: Phoenix
Taxes: 1425
Tax Year: 2022
General Property Description
Apx Total Acres: 0.88
Apx Total Acres G/N: G
Price Per Acre: 772727.27
Apx SqFt: 38534
Price Per SqFt: 17.65
Apx SqFt G/N: G
Lot Size Dimensions: irregular
Horses: N
Zoning: R-5
Flood Zone: No
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: 28th St & Broadway
Directions: Land is on NE corner of Broadway Rd and 28th Street.
Geo Lat: 33.407266
Geo Lon: -112.020376
Status Change Info
Status Change Date: 2023-08-10
Legal Info
Township: 1N
Range: 3E
Section: 23
Lot Number: -
Pmt & Rate Info
Equity: 680000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Property Features
Special Listing Cond: Probate/Estate
Existing Land Use: Residential Lot; Residential Acreage
Zoned Presently: Multi-Family
Parcel Size: .50 - .99 Acres
Current Density: 40+ Units P/Acre
Proposed Density: 40+ Units P/Acre
Development Status: Raw Land
Land Features: City Light View(s); Mountain View(s); North/South Exp
Elevation: 1,001 - 2,000 Ft
Elevation Source: USGS
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular
Roads/Streets: Asphalt
Road Responsibility: City Maintained Road
Traffic Count: 35,001 to 50,000
Freeway/Highway: 1.1 - 2 Miles
Topography: Level
Existing Structures: None
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: On Property
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Conventional
Reports/Disclosures: None
Environmental: None
Lockbox Type: None
Fencing: None
Listing Office: HomeSmart
Last Updated: February - 05 - 2024
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