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$1,675,000
-- Bed
-- Bath
2.82acres lot
111 E Southern Ave, Phoenix, AZ 85040
$1,675,000
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Land
Built in -
$-- HOA
2.82 acres lot
$593,972/acre
Description
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 gr...
Continue Reading- Houzeo last checked: 50 Minutes ago
- Listing updated: December 7, 2025 at 7:14 pm
- Listing Provided by: Roxy Westphal (480) 241-4161 , Elizabeth Erwin (602) 399-4881 | My Home Group Real Estate (480) 685-2760
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6732075
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2.82 acres lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6732075
MLS Status
Active
Days on Market
200
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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