111 E SOUTHERN Avenue #- Active Save Request In-Person Tour Request Virtual Tour
Phoenix,AZ 85040
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6732075
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $13,403
Tax Year 2023
Lot Size 2.822 Acres
Acres 2.82
Lot Dimensions 10X20X10X30 apx
Property Description
GREAT OPPORUNITY AWAITS!! 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, hospice centers or group homes. In a planned residential development, approximately 120 units could be created. Mini-apartments could potentially include more units. 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..
Location
State AZ
County Maricopa
Zoning R5
Direction From 7th Street, West on Southern. Lot is on the South Side of the road, just to the left of the Insurance company.
Exterior
Topography Level
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Roosevelt Elementary School
Others
Senior Community No
Tax ID 114-02-049
Horse Property N
Special Listing Condition Owner/Agent