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Key Details
Sold Price $1,750,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6769202
Annual Tax Amount $1,328
Tax Year 2023
Lot Size 4.200 Acres
Property Description
Prime development opportunity!! Recently re-zoned from RS-42 to RM-3 PAD, the property is approved for 72 garden-style apartment units across three buildings, offering a mix of 1 BD, 2 BD, and 3 BD units. The location is ideal, with proximity to Eastmark, Mesa-Gateway Airport, and major healthcare employers. The area boasts strong rental demand and sale values for new residential housing, supported by an annual household income of over $80,000 within a 1-mile radius.
Location
State AZ
County Maricopa
Zoning RM-3 PAD
Exterior
Waterfront No
Building
Sewer Public Sewer
Water City Franchise
Others
Acceptable Financing Other (See Rmks), Seller Approve Terms, 1031 Exchange, Conventional
Listing Terms Other (See Rmks), Seller Approve Terms, 1031 Exchange, Conventional
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Bought with My Home Group Real Estate