$2,500,000
Phoenix, AZ 85015
MLS# 6076786
Status: Closed
1 / 7
Property Description
Desirable infill lot located in city of Phoenix Opportunity Zone. 3.93 +/- acres zoned R3, with approved building plans for 45 townhouses and a pre approval site plan. The R3 zoning density allows for 66 units with a site plan redesign. Site is favorable for up zoning to R5 or PUD ( City favors higher density) Please consult with a land attorney .
Details
Contract Information
Current Price: $2,500,000
Sold Price: $2,500,000
Status: Closed
List Date: 2020-05-09
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location, Tax & Legal
Map Code/Grid: P33
House Number: 2326
Compass: W
Street Name: COOLIDGE
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 4012
Country: US
County Code: Maricopa
Assessor Number: 154-13-029-A
Tax Year: 2019
General Property Description
Apx Total Acres: 3.01
Apx Total Acres G/N: G
Price Per Acre: 963421.93
# Lots in Listing: 3
Apx SqFt: 171101
Price Per SqFt: 16.95
Apx SqFt G/N: G
Lot Size Dimensions: 275'(+/-) x 471' (=/-)
Zoning: R-3
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
Elementary School: Westwood Primary School
Jr. High School: Central High School
High School: Central High School
Legal Info
Township: 2N
Range: 2E
Section: 24
Lot Number: -
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: %
Remarks Misc
Cross Street: Highland & 23rd Ave
Directions: CAMELBACK TO 23RD AVE SOUTH TO PROPERTY
Geo Lat: 33.505437
Geo Lon: -112.109903
Status Change Info
Off Market Date: 2022-04-27
Under Contract Date: 2022-04-10
Close of Escrow Date: 2022-04-26
Sold Price: $2,500,000
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot; Residential Acreage; Packaged Lot; Other (See Rmks)
Zoned Presently: Single Family; Multi-Family; Other (See Rmks)
Potential Use: Single Family; Multi-Family; See Remarks
Parcel Size: 2.50 - 4.99 Acres
Current Density: 11 - 15 Units P/Acre
Proposed Density: 00 - 01 Units P/Acre; 02 - 05 Units P/Acre; 06 - 10 Units P/Acre; 11 - 15 Units P/Acre; 16 - 20 Units P/Acre; 21 - 25 Units P/Acre; 26 - 30 Units P/Acre; 31 - 35 Units P/Acre; 36 - 40 Units P/Acre; 40+ Units P/Acre; Other (See Rmks)
Development Status: Raw Land; Plans Available; Plans Included
Land Features: Corner Lot; Curb(s) & Gutter(s); Sidewalk(s); North/South Exp; East/West Exposure
Road Surface Type: Asphalt; Concrete
Road Responsibility: City Maintained Road
Traffic Count: Unknown
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer - Available
Electric: SRP
Gas: SW Gas
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange
Special: Economic Redvlpmnt
Use Restrictions: Existing Easement
Environmental: None
Lockbox Type: None
Fencing: None
Listing Office: Kenneth James Realty
Office Phone: 480-581-1111
Office Email: [email protected]
Last Updated: April - 27 - 2022
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