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$675,000
Est. payment /mo
0.9 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Papago Addition 3
MLS Listing ID 6744417
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $4,984
Tax Year 2023
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions Irregular
Property Description
Prime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.
Location
State AZ
County Maricopa
Community Papago Addition 3
Zoning R-4
Exterior
Topography Level
Building
Sewer Sewer - Available
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 125-05-029-B
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Owner/Agent
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Listed by MCO Realty