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Street View
$1,425,000
Monthly Est:$7,093
-- Bed
- -- Bath
2.08acres lot
2854 E Wier Ave, Phoenix, AZ 85040
$1,425,000
$7,093/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
2.08 acres lot
$685,096/acre
Description
This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed.
This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals.
Highlights:
" Final plat completed for 28 units.
" Civil plans completed.
" Landscape plans completed.
" Complete MEP (HVAC, electrical, plumbing) engineering completed.
This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval.
Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction.
Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.
- Houzeo last checked: 12 minutes ago
- Listing updated: September 8, 2026 at 3:17 pm
- Listing Provided by: Brian Rosella (602) 920-2438 | Kidder Mathews (602) 513-5200
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6986821

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2.08 acres lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6986821
MLS Status
Active
Days on Market
251

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
City Franchise
Electric
Srp
Other Features
Disclosures
None
Subdivision Name
28th Street Lofts
Price History
| Date | Event | Price |
|---|---|---|
02/19/2026 Source: | Price Decreased | $1,425,000 -16.18% $0/sqft |
02/19/2026 Source: | Listed for Sale | $1,700,000 $0/sqft |
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Based on information from the Arizona Regional Multiple Listing Service through Oct 29, 2026, 11:45PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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