- – beds
- – baths
- – sqft
- ~1/2 acre lot
- – on site
This 1.5-acre property, zoned R5, offers incredible potential for development of up to 63 units. The owner has already completed studies for multiple configurations, including: 24 units in six fourplexes, 32-unit apartment complex, 52-unit apartment complex The location is unbeatable—minutes from Sky Harbor Airport, Tempe ASU, and Downtown Phoenix, making it ideal for workforce housing, student housing, or a luxury rental community. Flexible financing options available! The seller may be willing to carry a short-term note, making this an attractive opportunity for developers and investors looking to secure the property while finalizing plans or construction financing. Don't miss this versatile, strategically located development site in one of Phoenix's fastest-growing areas!
Last checked:
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Last updated Jul 19, 2025
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MLS# 6894694 —
The Building
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Year Built:None
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New Construction:No
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Construction Materials:None
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Architectural Style:None
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Builder Name:None
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Roof:None
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Stories Total:None
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Basement:No
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Basement:None
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Exterior Features:None
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Patio And Porch Features:None
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Security Features:None
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Direction Faces:None
Interior
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Interior Features:None
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Accessibility Features:None
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Furnished:None
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Flooring:None
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Living Area:None
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Rooms Total:None
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Fireplaces Total:None
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Fireplace:No
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Fireplace Features:None
Room Dimensions
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Living Area Units:None
Financial & Terms
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Land Lease:No
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Home Warranty:No
Location
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Latitude:33.393591
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Longitude:-112.014743
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Cross Street:32nd St and Southern Ave
The Property
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Property Type:Land
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Property Condition:None
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Possible Use:Multi-Family
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Development Status:Raw Land, Plans Available, On Site Imp Needed
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Zoning:R5
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Parcel Number:122-68-006
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Additional Parcels:true
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Lot Features:Gated Community
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# of Lots:4
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Lot Size:None
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Lot Size Area:0.48
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Lot Size Acres:0.48
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Lot Size SqFt:20,696 Sqft
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Lot Size Dimensions:220 x 415
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Lot Size Units:Acres
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View:Mountain(s)
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Waterfront:No
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Other Structures:None
Listing Agent
- Contact info:
- Agent phone:
- (602) 292-5747
- Office phone:
- (480) 685-2760
Taxes
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Tax Year:2024
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Tax Annual Amount:720.0
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Tax Lot:5
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Tax Map Number:68.00
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Tax Book Number:122.00
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Tax Legal Description:LOT 5 PATRICK PARK MCR 001334
Beds
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Bedrooms Possible:None
Baths
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Full Baths:None
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Half Baths:None
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
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Possession:None
Heating & Cooling
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Heating:No
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Heating:None
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Cooling:No
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Cooling:None
Utilities
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Utilities:None
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Electric:SRP
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Electric:true
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Sewer:Public Sewer
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Water Source:City Franchise
Appliances
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Appliances:None
Schools
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Elementary School District:Roosevelt Elementary District
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High School District:Phoenix Union High School District
The Community
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Subdivision Name:PATRICK PARK
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Senior Community:No
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Community Features:None
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Association:false
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Association Amenities:None
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Pool Private:No
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Spa Features:None
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Pets Allowed:None
Parking
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Parking Total:None
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Garage:No
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Garage Spaces:None
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Attached Garage:No
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Carport Spaces:None
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Covered Spaces:None
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Parking Features:None
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Open Parking Spaces:None
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Association Fee Includes:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/18/25
Jul 18, 2025
|
Listed / Active | ARMLS | $750,000 |