FSBO
FSBO - For Sale
$1,675,000
For Sale by Owner
Listed 2 years ago
Land for Sale in Phoenix, AZ
111 E Southern Ave, Phoenix, AZ 85040
PropSlick Verified Data
Key facts & insights for this exact address
$13,639
Property Tax / yr
2.82 ac
Lot Size
Maricopa
County
Key Facts
Property TypeLand
Lot Size122,839 sq ft
Annual Property Tax$13,639
Property Description
GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..
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Property Location
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