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$140,000
6733412 MLS
Discover a prime investment opportunity in Central Phoenix! This vacant lot, just under 2 miles from downtown, offers endless potential for multifamily housing development. Perfectly positioned for easy access to vibrant city amenities like The Footprint Center and CityScape, this location is ideal for both residents and investors. Sky Harbor Airport is less than 5 miles away, ensuring convenient travel, while nearby university campuses like ASU and UofA add to the appeal. Imagine creating a modern residential complex that attracts urban dwellers seeking the perfect blend of convenience and lifestyle. Don't miss your chance to build your investment portfolio and contribute to growing Phoenix with this exceptional piece of land.

1503 W Hadley Street Unit 3, Phoenix

$1,675,000
6732075 MLS
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..

111 E Southern Avenue Unit -, Phoenix

$750,000
6728188 MLS
Three VIEW lots being sold together. One of the best vacant land opportunities left in Desert Hills. These lots are 5 total residential Acres. Maricopa County parcel numbers: 203-37-004-J, 203-37-004-K and 203-37-004-L. Very easy access from the I17 in the North Valley. Build here for the incredible VIEWS looking north. Electricity close by. There are 3 contiguous parcels available here, totaling 5 acres. See this as an investment opportunity. Build your dream home here. Survey is available. This will become the north valley's ''beach-front property.'' This is the North Valley, and this is Desert Hills. Lot lines in photos are not exact. A buyer should always verify all facts and figures presented in any listing for accuracy

0TBD N 31st Avenue Unit -, Phoenix

$915,000
6728109 MLS
1.04-acre commercial C3-zoned parcel offers an exceptional opportunity for a wide range of developments. Situated in a prime location with excellent visibility and access, the property is ideal for businesses seeking a strategic position to capitalize on traffic and customer flow. Potential Uses: • Retail Development: Perfect for a shopping center, boutique stores, or a large retail chain, this space can accommodate multiple retail units to cater to various consumer needs. • Multi-Family Housing: The land can be developed into multi-family residential units, providing much-needed housing in a desirable area. • Auto Repair and Services: With ample space, this site is ideal for an auto repair shop, car wash, or dealership, offering convenient access for customers. Office Spaces: The property can be transformed into modern office buildings, providing flexible workspace solutions for businesses of all sizes. " Freestanding Building: An excellent location for a single, large freestanding building, suitable for a flagship store, corporate headquarters, or specialized facility. Key Features: " High Traffic Location: Benefiting from significant daily traffic, ensuring maximum visibility and customer engagement. " Accessibility: Easy access from major roads and highways, facilitating smooth transportation and logistics. " Flexible Zoning: C3 zoning allows for a broad spectrum of commercial uses, providing versatility for developers and investors. " Utilities: All essential utilities are available at the site, ensuring seamless development and operational readiness. Investment Highlights: " Growth Potential: Located in a rapidly developing area, this property offers substantial potential for growth and appreciation. " Community Demand: The diverse zoning options meet the needs of the surrounding community, promising strong occupancy and patronage. Don't miss out on this exceptional opportunity to develop a property with limitless potential in a thriving commercial area. Contact us today for more information or to schedule a site visit. The possibilities are endless.

2535 E Van Buren Street Unit -, Phoenix

$1,005,000
6727403 MLS
Nestled atop a majestic mountain peak in Phoenix, Arizona, lies a breathtaking 12-acre parcel of land offering unparalleled views and boundless potential. This exclusive listing boasts a prime location that captures the essence of desert living at its finest. Imagine waking up to panoramic vistas that stretch across the valley below, where the vibrant hues of the sunrise illuminate the rugged landscape. This property presents an extraordinary opportunity to build a private retreat or an exceptional residential enclave amidst the serene beauty of the Sonoran Desert. The 12 acres provide ample space for visionary development, whether envisioning a luxury estate, a secluded compound, or a unique eco-friendly retreat. Seller is a licensed real estate agent in AZ. Seller/Agent.

1828 W Sentinel Rock Road Unit n/a, Phoenix

$420,000
6726810 MLS
Seller says highest and best use to lot split into 3 half acre lots ! - 1602 W. Olney Ave, Phoenix, AZ, 85041 - 2-acre lot - Zoned R10 - one house per 10,000 sqft lot - Former fire damage property - Recently been scrapped - Water meter on site - use to be on septic tank - Access to water less that 50 yards away INFORMATION FROM SELLER: Active comps are at 1.2 - 1.7 mill for a product that is over 4,000 sq ft with over 12k lots - 8503 S 9th dr, phoenix az, - Active at 1.3 mill Sold comp at 1.7 mill sold 2 months ago that really helps substantiate the values for larger builds that will help new build projects to price out for us - 1009 W Ardmore rd., Phoenix, AZ, 85041 numbers for build-out for 3 Lots 20k lots with 4000 sq ft houses (type of product I think should be built) Homes are worth 1.5 mill plus for resale Cost per lot (2 payoff notes) 160k a lot X 3 = 480k (Cost for the dirt) Cost for Infrastructure at 70k per lot X 3 = 210k Build out $200 sq ft X 4000 sq ft = 800k x 3 houses =2.4 mill Total cost (not including holding cost) = $3,090,000 List all 3 new builds for 1.5 mill X 3 = $4,500,000 Total profit: $4,500,000 - $3,090,000 - $337,500 = $1,072,500 Return on Cash: $1,072,500 / $3,090,000 = 34.7% ROI (cash on cash) Holding cost: $3,090,000 X 10% = $463,500k for 18-month Final ROI: $609,000 / $3,553,500 = 17% Cash on cash Final ROI Some May View ROI: 19.7% (if you don't add holding cost to cash basis)

1602 W Olney Avenue Unit -, Phoenix

$600,000
6726450 MLS
Price REDUCED!! Ranchers, Builders, Entrepreneur's, 6+ ACRES just minutes away from I-17 - Microchip plant, Cave Creek, Lake Pleasant, Here is your opportunity to take advantage of re-designing these lots, 6+ Acres in total, 4 parcels included 211-53-058 D, E, F & G. The old original home has burned and needs to be scraped. HUGE PLUS, City water is connected and on, Power is at the property as you can see, but turned off for it needs repair and a new power meter The house had a septic but not useable now and there is an old well on parcel G. It has water, but needs work to make operational - Well # 55-636804. Buyers to do your verification and confirmation of any important information on Flood plain and Flood Zone building, for there is room to build other homes within these lots!! Sewer connect is a possibility from 7th ST area. Seller will consider reasonable offers!!

35035 N 3rd Street Unit -, Phoenix

$240,000
6725946 MLS
Incredible development opportunity in the Oakland Historic District, just minutes from downtown Phoenix. This offering includes 2 contiguous R-5 zoned lots totaling 12,600 SF, with potential for up to 12 multi-family units or two custom single-family homes with detached ADUs. The existing structure is a teardown, & the property is sold for land value only. This area is undergoing rapid revitalization with new construction, renovated historic homes, & increasing investment. Conveniently located near Roosevelt Row, ASU Downtown, Valley Metro light rail, & the Grand Avenue Arts District. Ideal for developers or investors seeking strong long-term upside in one of Phoenix's most promising urban neighborhoods. Cash offers only. Buyers to complete all due diligence prior to submitting an offer.

1522 W Fillmore Street Unit 6 & 7, Phoenix

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