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2901 W Cactus Rd 0.44 Acres of Commercial Land Offered at $331,660 in Phoenix, AZ 85029
INVESTMENT HIGHLIGHTS
- Infill pad close to the I-17 Freeway
- Just west of the signalized intersection of 28th Drive & Cactus
- Good visibility and access
- Can probably be rezoned to C-1
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $331,660 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.44 AC |
| Zoning | R-O - The adjoining properties to the east and the west are zoned C-1, so it is likely that the subject zoning could be changed to C-1. | ||
| Price | $331,660 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.44 AC |
| Zoning | R-O - The adjoining properties to the east and the west are zoned C-1, so it is likely that the subject zoning could be changed to C-1. |
1 LOT AVAILABLE
Lot
| Price | $331,660 | Lot Size | 0.44 AC |
| Price Per AC | $762,436.78 |
| Price | $331,660 |
| Price Per AC | $762,436.78 |
| Lot Size | 0.44 AC |
The subject property is a vacant land pad that is the third parcel of a medical office development. The other two parcels are already developed as a freestanding veterinarian office and a dental office (which is also available for sale separately).
DESCRIPTION
The subject parcel is just west of the intersection of 28th Drive and Cactus Road and is one block west of Interstate 17. There is a shopping center just east of the subject that is zoned C-1 and the veterinarian office just west of the subject is also zoned C-1. The highest and best use of the property may now be retail rather than an office building. Arguably, the City will have a hard time denying the change of zoning to C-1 given that properties on both sides of the subject are already zoned C-1. This could also be ideal for a new owner/user medical building.
PROPERTY TAXES
| Parcel Number | 149-20-171 | Improvements Assessment | $0 |
| Land Assessment | $32,087 | Total Assessment | $32,087 |
PROPERTY TAXES
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2901 W Cactus Rd
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