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2941 W Foothill Dr - DEER VALLEY DEVELOPMENT OPPORTUNITY 0.72 Acres of Residential Land Offered at $610,000 in Phoenix, AZ 85027
Investment Highlights
- Full Development and Due Diligence File available upon request
- ±10 Minute Drive Time to TSCM $165B Fab
- Hard Zoned for High-Density Residential
- Proximity to I-17, Loop 101, and SR-51
Executive Summary
LevRose Commercial Real Estate is pleased to exclusively present 2941 W Foothill Drive, a compelling high-density residential development opportunity in Phoenix’s rapidly growing Deer Valley submarket. The ±0.81-acre site is hard-zoned for high-density residential, positioning the property for immediate execution without entitlement risk, and a quick timeline for development.
The property benefits from exceptional regional connectivity, with close proximity to Interstate 17, Loop 101, and State Route 51, providing efficient access throughout the Phoenix metropolitan area. Located approximately a 10-minute drive from the Taiwan Semiconductor Manufacturing Company’s $165 billion fabrication campus, the site is well positioned to capture housing demand driven by one of the largest economic development projects in the Southwest
The property benefits from exceptional regional connectivity, with close proximity to Interstate 17, Loop 101, and State Route 51, providing efficient access throughout the Phoenix metropolitan area. Located approximately a 10-minute drive from the Taiwan Semiconductor Manufacturing Company’s $165 billion fabrication campus, the site is well positioned to capture housing demand driven by one of the largest economic development projects in the Southwest
Property Facts
| Price | $610,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | R-4A | ||
| Price | $610,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.72 AC |
| No. Stories | 1 |
| Zoning | R-4A |
1 Lot Available
Lot
| Price | $610,000 | Lot Size | 0.72 AC |
| Price Per AC | $847,222.22 |
| Price | $610,000 |
| Price Per AC | $847,222.22 |
| Lot Size | 0.72 AC |
Full Development and Due Diligence File available upon request Hard Zoned for High-Density Residential ±10 Minute Drive Time to TSCM $165B Fab Proximity to I-17, Loop 101, and SR-51 Over 4,000 Businesses within 3 mile radius 1 mile Average Annual HH
Description
Full Development and Due Diligence File available upon request Hard Zoned for High-Density Residential ±10 Minute Drive Time to TSCM $165B Fab Proximity to I-17, Loop 101, and SR-51 Over 4,000 Businesses within 3 mile radius 1 mile Average Annual HH Income in excess of $92,000
Property Taxes
| Parcel Number | 206-04-010A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $11,081 |
Property Taxes
Parcel Number
206-04-010A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$11,081
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2941 W Foothill Dr - DEER VALLEY DEVELOPMENT OPPORTUNITY
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