About The Property

Excellent development opportunity near the Valley Metro light rail B Line. This oversized 0.44-acre lot measures approximately 110 feet by 174 feet and is zoned R-5, one of Phoenix's higher-density multifamily residential zoning classifications. R-5 zoning may accommodate apartments, condominiums, townhomes, attached housing, or multiple residential units on a single property, subject to City of Phoenix approval, development standards, parking, setbacks, access, and site-plan requirements. The city's published zoning guidance identifies a base multifamily density of approximately 43.5 dwelling units per gross acre, with potential density bonuses available for qualifying developments. Utilities are already located on or adjacent to the property, including an electric pole at the northwest corner, a water meter at the sidewalk,Read MoreRead Less
Courtesy of eXp Realty 480-420-4455
Listing Snapshot
Days Online
62
Last Updated
Property Type
Land
Lot Size
0.44 Acres
MLS Number
7042737
M. Logan
Top 2% performing AZ broker
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Additional Details

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Building
Other structures: None
Fence
Block
Lot
0.44 acres, 19,178 sqft
Property
View: City, Zoning: R5
Sewer
Sewer-In & Connected, Sewer - Available, Public Sewer
Taxes
Annual amount: $621, Lot: 3
Utilities
SRP
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30 Days Snapshot Of 85040
$381k
+4%
(avg) sold price
11
+37%
homes sold
69
+27%
(avg) days on market
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Monthly Payment
$0

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