For Sale
Photo 1 of Land for sale at 2854 E Wier Ave, Phoenix, AZ 85040 | MLS# 6986821 | Listing updated on 2026-09-08
Photo 2 of Land for sale at 2854 E Wier Ave, Phoenix, AZ 85040 | MLS# 6986821 | Listing updated on 2026-09-08
2+
Beds Icon

Street View

$1,425,000

Monthly Est:$7,093

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon2.08acres lot

2854 E Wier Ave, Phoenix, AZ 85040

$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 pha
ses 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 Arizona Regional Multiple Listing Service-AZ

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Maricopa County

  • City

    Phoenix

  • Neighborhood

    South Mountain

  • 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

DateEventPrice

02/19/2026

Source: mls_logoArizona Regional Multiple Listing Service-AZ #6986821

Price Decreased

$1,425,000 -16.18%

$0/sqft

02/19/2026

Source: mls_logoArizona Regional Multiple Listing Service-AZ #6986821

Listed for Sale

$1,700,000

$0/sqft

Nearby Homes

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.

Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services

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