For Sale Lot / Land MLS# 6732075

111 E SOUTHERN Avenue -

Phoenix, AZ 85040

$1,675,000

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Listing Office

Officearizona-regional-mls-rsd logoMy Home Group Real Estate
AgentRoxy Westphal
Phone480-685-2760

About 111 E SOUTHERN Avenue -

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..

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
2.82
MLS #
6732075

Exterior & lot

Lot
R5, 11402049, Level

Schools

District
Roosevelt Elementary District
Elementary
Roosevelt Elementary School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$13,403
Tax year
2023
Parcel
11402049

Location

County
Maricopa
Neighborhood
Laurel Estates
Community
Maricopa, Arizona Regional Multiple Listing Service 2, Roosevelt Elementary District
Directions
From 7th Street, West on Southern. Lot is on the South Side of the road, just to the left of the Insurance company.

Location

Neighborhood
Laurel Estates
School district
Roosevelt Elementary District

Interested in this home?

Questions on 111 E SOUTHERN Avenue -, Phoenix, AZ 85040, or want to see it in person?

The Anderson Team · (480) 900-9140

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