$10,250,000
Phoenix, AZ 85086
MLS# 7067435
Property Description
Prime turnkey Apartment/Senior Living development site directly east of Taiwan Semiconductor's $ 268 Billion investment to build 10 Semiconductor factories. The street( 29 av ) is paid for. Sewer fee of $140,000 due at close of escrow. Zoned for 344 units. This site plan shows 310 units. The Developer rezoned site and now doesn't want to close. Borders Skunk Creek Wash on the west. The city's impact fee is approximately $ 18,500 per unit. Come join the global semiconductor hub of North Phoenix along with Halo Vista. 303 Freeway is 3/4 miles south. Located in the City of Phoenix North Gateway Core. Before rezone, property was under a grazing lease to keep taxes low. Listing broker is a part owner of site. Sale subject to cancellation of existing escrow.
Details
Contract Information
Current Price: $10,250,000
List Price: $10,250,000
Status: Active
List Date: 2026-08-16
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location, Tax & Legal
House Number: 32600
Compass: N
Street Name: 29
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85086
Country: US
County Code: Maricopa
Assessor Number: 204-11-026-A
Tax Year: 2024
General Property Description
Apx Total Acres: 12.9
Apx Total Acres G/N: G
Price Per Acre: 794573.64
# Units Allowed: 344
Apx SqFt: 561924
Price Per SqFt: 18.24
Apx SqFt G/N: G
Lot Size Dimensions: 660' X Irregular
Horses: N
Street Frontage: 660
Zoning: C-2 DNS/WVR& FH
Flood Zone: Yes
Showing Notification Methods
Showing Service: No Showing Service Used
Remarks Misc
Cross Street: Dove Valley / 29 AV
Directions: Second parcel south of Dove Valley on the west side of 29 av. Large apartments on both sides of lot.
Geo Lat: 33.782379
Geo Lon: -112.122499
Legal Info
Lot Number: *
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Other (See Rmks)
Zoned Presently: Multi-Family
Parcel Size: 10.00 - 19.99 Acres
Land Features: Curb(s) & Gutter(s); Sidewalk(s); Adjacent to Wash
Land Configuration: Irregular Shape
Road Access Type: Dedicated Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Topography: Level
Water Source: City Franchise
Irrigation: None
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
New Financing: Cash
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Listing Office: Prestige Realty
Last Updated: August - 21 - 2026
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