Address
2801 W GLENDALE Avenue # 12, Phoenix, AZ
Price
$ 2,500,000
Property Attributes
  • MLS#6609826
  • TypeLand
  • CountyMARICOPA
  • CityPhoenix
  • NeighborhoodAMBASSADOR HTS 9-14
  • Zip85051
  • StyleLand
  • Taxes$ 22193
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.72 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Discover a unique investment opportunity in Phoenix, Arizona! This spacious 4.718-acre residential plot at 2801 W Glendale Ave offers significant potential for both investors and developers. It currently generates an impressive monthly income of $13,885 from surface parking leases, providing a steady cash flow while you plan its future development. The property is currently zoned as R1-6 and R-6, allowing for a wide range of residential development options. Furthermore, there's potential to rezone it to R-3, R-3A, R-4 (14.5, 22, or 27 DU/Acre), greatly expanding its development possibilities. With neighboring R-5 zoning, there's even a chance to rezone for up to 43.5 units per acre. This prime location in Phoenix provides easy access to major roads, shopping centers, schools, & parks

Price History
9/26/2023 Listed $2,500,000

General Features

Additional Parcels Y/N No
Association Y/N No
Carport Y/N No
City Phoenix
County Maricopa
Days on Market 74
Development Status See Remarks, Raw Land
Directions From 27th AVE and Glendale Head West to 2801 W Glendale AVE
Disclosures Other (See Rmks), Seller Prop Disc Stm, ALTA Survey Alba, APOD/Bkup Avalb
Electric Other (See Rmks), APS
Elementary School District Washington Elementary District
High School District Glendale Union High School District
Lease Considered Y/N No
Lease Renewal Y/N No
Lot Size Square Feet 205516.0
Mobilehomeremainsyn No
New Financing https://replication.sparkapi.com/Version/2/Reso/OData/Property('20230926005308011283000000')
New_sp_Financing_co_Conventional5 True
Occupancy Description Tenant
Other Structures See Remarks
Property Type Land
Rent Control Y/N No
Senior Community None
Sewer Sewer-In & Connected, Public Sewer
Standard Status Active
Status Active
Street Name GLENDALE
Subdivision Name AMBASSADOR HTS 9-14
Tax Annual Amount 22193.0
Tax Lot 12
Tax Year 2023
TaxOtherAnnualAssessmentAmount 0.0
Township 2N
Unit Number 12
View Y/N No
Zoning R1-6

Interior Features

Electric On Property Y/N No
Street Suffix Avenue

Exterior Features

Crops Included Y/N No
Fencing Block, Chain Link
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 331.74' x 619.85'
Lot Size Acres 4.72
Lot Size Area 4.72
Lot Size Units Acres
Open Parking Y/N No
Ownerphone -
Spa No
Water Source Other, See Remarks, City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 85051

Price
AVG $2.5M
$2.5M
Taxes
AVG $22,193
$22,193
Visits
AVG 22
21
Data Provided by Inside Real Estate®
Walkscore
AVG 59
59
Data Provided by Walkscore® not using MLS data