111 E SOUTHERN AVENUE UNIT -
Phoenix AZ 85040

$1,990,000
Price

0.0
Beds

0.0
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0
Sqft

homeListing Details:

Listing ID: 6732075
Updated: 1/9/2025 4:13pm

Status Active/For Sale
Days On Market 225
Taxes $13,403.00
HOA $0.00/
Type N/A
Year Built 0
Lot Size 122926.00
County Maricopa
Listed By My Home Group Real Estate

descriptionDescription:

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

mapProperty Location:

Listed By: My Home Group Real Estate | Roxy Westphal 480-241-4161 | Elizabeth Erwin 602-399-4881

Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.



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