Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential.
Previously operating as a six-unit residential compound with multiple income-producing residences, the… Read More property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development.
Whether envisioning multifamily housing, a thoughtfully designed residential compound, or another permitted use, the possibilities are worth exploring. An opportunity to acquire a substantial parcel in an evolving North Phoenix location and unlock its future potential. Buyer to verify zoning, allowable density, development requirements, and feasibility with the City of Phoenix. Read Less
Courtesy of Keller Williams Realty Sonoran Living 480-948-3338
Listing Snapshot
Days Online
14
Last Updated
Lot Size
0.81 Acres
MLS Number
7095969
Additional Details
Disclosures
Other (See Rmks)
Fence
Block
Lot
0.81 acres, Dimensions: 0.815 acres
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 214-40-022-D, Public Survey Range: 3E, Public Survey Section: 2, Annual Amount: $2,098, Tax Book Number: 214.00, Legal Description: LOT 18 KAY ACRES MCR 003328, Lot: 18, Map Number: 40.00, Parcel Letter: D, Year: 2025, Zoning: R-3
Utilities
Water Source: City Franchise, APS
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