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This 1.5-acre property, zoned R5, offers incredible potential for development of up to 63 units. The owner has already completed studies for multiple configurations, including:
24 units in six fourplexes, 32-unit apartment complex, 52-unit apartment complex
The location is unbeatable—minutes from Sky Harbor Airport, Tempe ASU, and Downtown Phoenix, making it ideal for workforce housing, student housing, or a luxury rental community.
Flexible financing options available! The seller may be willing to carry a short-term note, making this an attractive opportunity for developers and investors looking to secure the property while finalizing plans or construction financing.
Don't miss this versatile, strategically located development site in one of Phoenix's fastest-growing areas!
Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the l...
Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Is this your property? Sell it faster with premium placement and targeted ads.