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Property Facts

Price $1,195,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Condo
Total Lot Size 1.19 AC
Zoning R-5 - Multifamily

1 Lot Available

Lot 28-39

Price $1,195,000
Price Per AC $1,004,201.68
Lot Size 1.19 AC

1.19 Acres | 12 Approved Townhome Units | Permits in Place | Partial Civil Complete. Exceptional infill development opportunity featuring 12 fully approved parcels with plans and permits in place — ready to build.

Description

1.19 Acres | 12 Approved Townhome Units | Permits in Place | Partial Civil Complete. Exceptional infill development opportunity featuring 12 fully approved parcels with plans and permits in place — ready to build. The site is designed for 6 duplex-style buildings (2 attached townhomes per building), each residence offering 3 bedrooms, 1,602 to 1,962 square feet of livable space, private balcony and a 2-car garage. Approximately 50% of the civil work has already been completed, significantly reducing development timeline and upfront costs. A rare opportunity to step into a near shovel-ready project with approvals secured and infrastructure partially completed — ideal for developers seeking to accelerate delivery and minimize entitlement risk.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 213-20-445
  • 213-20-451
  • 213-20-440
  • 213-20-442
  • 213-20-448
  • 213-20-449
  • 213-20-441
  • 213-20-443
  • 213-20-447
  • 213-20-446
  • 213-20-444
  • 213-20-450
Land Assessment
$70,860
Improvements Assessment
$0
Total Assessment
$70,860
  • Listing ID: 39524916

  • Date on Market: 2/20/2026

  • Last Updated:

  • Address: 19226 N Cave Creek Rd, Phoenix, AZ 85024

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