$187,500
Phoenix, AZ 85004
MLS# 6666754
1 / 8
Property Description
This vacant lot is a great development opportunity in the heart of Phoenix. Located one block from Central Ave, less than one mile from new light rail. Zoning for R3 multi family residence, up zoned to downtown core (DTC). Property has views of South Mountain and Downtown Phoenix in a central location to downtown and easy access to the freeway. This is a rare opportunity to own a piece of prime real estate in downtown Phoenix. Value improvements include: Recent ALTA survey, and Code entitlement for single family attached 3 unit development. See supplemental documents for detailed information.
Details
Maps
Contract Information
Current Price: $187,500
List Price: $187,500
Status: Active
List Date: 2024-02-07
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 2.25
Variable Commission: Y
Location, Tax & Legal
House Number: 1724
Compass: S
Street Name: 1ST
St Suffix: Street
Lot #: 11
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2802
Country: USA
County Code: Maricopa
Assessor's Map #: 39
Assessor's Parcel #: 83
Add'l Parcels: No
Assessor Number: 112-39-083
Legal Description (Abbrev): COPE ADD MCR 26-13 LOT 11 EX W 2F & N2 LOT 13 EX W 2F BLK 10
Subdivision: COPE ADD BLKS 7-10
Census Tract: 114900
Tax Municipality: Phoenix
Taxes: 615
Tax Year: 2023
General Property Description
Apx Total Acres: 0.21
Apx Total Acres G/N: G
Price Per Acre: 892857.14
Apx SqFt: 9211
Price Per SqFt: 20.36
Apx SqFt G/N: G
Lot Size Dimensions: 100x95ft
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Cross Street: Mohave & 1st St
Directions: One block east of Central Ave, between Mohave and Durango
Geo Lat: 33.430422
Geo Lon: -112.072962
Status Change Info
Status Change Date: 2024-02-21
Legal Info
Township: 1N
Range: 3E
Section: 17
Lot Number: 11
Pmt & Rate Info
Seller May Carry - Amount: 100000
Equity: 187500
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family; Industrial; Other (See Rmks)
Potential Use: Single Family; Multi-Family; Commercial; Industrial
Parcel Size: .0 - .24 Acres
Development Status: Raw Land
Land Features: City Light View(s); Mountain View(s); North/South Exp; East/West Exposure
Road Responsibility: City Maintained Road
Freeway/Highway: Up to 1 Mile
Topography: Level
Existing Structures: None
Water: City Franchise
Sewer: Sewer - Available
Electric: APS
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Use Restrictions: Airport Flight Zone
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Listing Office: HomeSmart
Last Updated: April - 29 - 2024
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