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$1,300,000
Phoenix, AZ 85015
MLS# 6542378
1 / 16
Property Description
CENTRAL/UPTOWN PHOENIX MULTIFAMILY BUILDER OPPORTUNITY! Corner Parcel for up to 40 Units of Luxury Apartments, Townhomes or Condos (presently R3 Multi-Family Zoning w WALKABLE URBAN Code potential). See Photos & Document Tabs. Located within an OPPORTUNITY ZONE! Attractive & Advantageous Demographics. Convenient access to Valley Metro Light Rail, Christown Spectrum Center, Grand Canyon University, Abrazo Central Campus, Great Shopping Centers, Fine Dining Establishments & Best Schools. Neighboring Walkable Urban 1.54 Acre Parcel also for sale for a combined prodigious development potential.
Details
Maps
Contract Information
Current Price: $1,300,000
List Price: $1,300,000
Status: Active
List Date: 2023-04-10
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: N34
House Number: 5321
Compass: N
Street Name: 17TH
St Suffix: Avenue
Lot #: 2
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 3036
Country: USA
County Code: Maricopa
Assessor's Map #: 39
Assessor's Parcel #: 3
Add'l Parcels: No
Assessor Number: 156-39-003
Legal Description (Abbrev): LOT 2 DENTON TRACT MCR 001625
Subdivision: DENTON TRACT
Census Tract: 107400
Tax Municipality: Phoenix
Taxes: 1374
Tax Year: 2022
General Property Description
Apx Total Acres: 0.79
Apx Total Acres G/N: N
Price Per Acre: 1645569.62
Apx SqFt: 34315
Price Per SqFt: 37.88
Apx SqFt G/N: N
Lot Size Dimensions: 135.10' x 254'
Horses: Y
Zoning: R-3
Elementary School: Phoenix Union - Wilson College Preparatory
Jr. High School: Osborn Middle School
High School: Osborn Middle School
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: Missouri & 15th Avenue
Directions: West to 17th Avenue, South to Property on SEC of Denton and 17th Avenue.
Geo Lat: 33.515624
Geo Lon: -112.095077
Status Change Info
Status Change Date: 2024-05-01
Legal Info
Township: 2N
Range: 3E
Section: 18
Lot Number: 2
Pmt & Rate Info
Equity: 1300000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Potential Use: Single Family; Multi-Family
Parcel Size: .50 - .99 Acres
Current Density: 26 - 30 Units P/Acre
Proposed Density: 40+ Units P/Acre
Land Features: Corner Lot; City Light View(s); Mountain View(s)
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular
Roads/Streets: Asphalt
Road Responsibility: City Maintained Road
Freeway/Highway: 2.1 - 5 Miles
Topography: Level
Existing Structures: Residence
Water: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Distance to Cable: None
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Conventional
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: Cash
Reports/Disclosures: None
Environmental: None
Lockbox Type: None
Fencing: Chain Link
Listing Office: Munro Realty International
Last Updated: May - 01 - 2024
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