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22643 N Black Canyon Hwy 23.62 Acres of Residential Land Offered at $6,000,000 in Phoenix, AZ 85027

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Investment Highlights

  • Partially entitled site lowers pre-development risk and shortens time to vertical construction
  • Scarcity of large hillside parcels surrounded by protected land enhances long-term value
  • View-driven site allows for potential premium unit positioning
  • Proximity to TSMC and other major employers supports strong long-term rental and ownership demand
  • Scale opportunity suitable for institutional, regional, or private developers
  • Infrastructure advantage with existing access road

Property Facts

Price $6,000,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Daycare Center
  • Hold For Development
  • Religious Facility
  • Schools
  • Shelter
  • Single Family Residence
Total Lot Size 23.62 AC
Zoning R-43

1 Lot Available

Lot

Price $6,000,000
Price Per AC $254,022.02
Lot Size 23.62 AC

Description

????.????± ?????????? | ???????????????? ?????????????????????? ?????????????????????? ?????????????????????? | ???????????????? ?????? ?????????? Rare opportunity to acquire ????.????± ?????????? ???????????? ?????????? ???????????????????? ?????????????? with ???????????????? ???????????????? ?????? ?????????????????????? ???????? ???????????????? in place for a ???????????????? ??????-???????? ??????????????????/?????????? ??????????????????????. This mountain-side property offers a strong entitlement foundation and significant upside for multifamily or mixed-use developers (subject to rezoning). The site is surrounded by State Trust Land, providing long-term protection, privacy, and unobstructed mountain and city views. An existing access road is already in place, reducing upfront infrastructure costs and accelerating development timelines. Strategically located near major employment drivers including Taiwan Semiconductor, with convenient access to freeways, retail, dining, and entertainment, the property is well positioned to serve growing housing demand in a rapidly expanding corridor. Ideal for multifamily development, condominium projects, or mixed-use concepts, this offering presents a compelling opportunity to secure a large, partially entitled site with proximity to one of Arizona’s most significant economic growth engines.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 209-03-006A
  • 206-34-003
  • 209-03-005D
Land Assessment
$138,551
Improvements Assessment
$0
Total Assessment
$138,551
  • Listing ID: 39443560

  • Date on Market: 2/14/2026

  • Last Updated:

  • Address: 22643 N Black Canyon Hwy, Phoenix, AZ 85027

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