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2050 W South Mountain Ave - South Mountain Modern 16 Lot Subdivision 4.5 Acres of Residential Land Offered at $1,040,000 in Phoenix, AZ 85041
EXECUTIVE SUMMARY
UTILITIES
Water and sewer are stubbed to the property.
Dry utilities available at the 20th Lane access point.
Preliminary utility layout to be provided.
Gas availability to be confirmed.
ENTITLEMENT STATUS
Preliminary Plat submitted.
Close Escrow @ Preliminary Plat approval
Will extend to CD’s First Submittal with Non-Refundable Deposit
CIVIL / DEVELOPMENT NOTES
Civil plans are not included in the land price.
Buyer building footprints, including ADUs, requested.
Elevations to resemble the attached Courtesy of (AHM)
Attached Documents Obtained and approved from City of Phoenix.
INVESTMENT RATIONALE
Strong South Mountain proximity.
Infill location with limited competing supply.
Utilities in place reduce off-site risk.
ADUs improve yield for rental or hybrid product.
Significant nearby development activity.
Note
Seller is in contract to purchase, and has an equitable interest in the property
Interested party to contact agent in advance to view the property
PROPERTY FACTS
| Price | $1,040,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 4.50 AC |
| Zoning | R1-10 - Zoning Stipulation Upon Request | ||
| Price | $1,040,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 4.50 AC |
| Zoning | R1-10 - Zoning Stipulation Upon Request |
1 LOT AVAILABLE
Lot
| Price | $1,040,000 | Lot Size | 4.50 AC |
| Price Per AC | $231,111.11 |
| Price | $1,040,000 |
| Price Per AC | $231,111.11 |
| Lot Size | 4.50 AC |
PROPERTY OVERVIEW 16 Lot Subdivision Site Size: ±4.5 acres Location: South Phoenix / South Mountain Frontage & Access: Via S 20th Lane Product Type: Single-family infill (ADU-friendly) Market: Entry-level / BTR or for-sale
DESCRIPTION
16 Lot Subdivision Site Size: ±4.5 acres Location: South Phoenix / South Mountain Frontage & Access: Via S 20th Lane Product Type: Single-family infill (ADU-friendly) Market: Entry-level / BTR or for-sale Strong South Mountain proximity. Infill location with limited competing supply. Utilities in place reduce off-site risk. ADUs improve yield for rental or hybrid product. Significant nearby development activity.
Presented by
2050 W South Mountain Ave - South Mountain Modern 16 Lot Subdivision
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