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32600 N 29th Ave
Phoenix, AZ 85085
344-Unit Planned Development Site · Land For Sale
·
12.90 AC
Investment Highlights
- Zoned and planned for up to 344 multifamily units.
- Positioned within Phoenix's expanding North Gateway growth corridor.
- Adjacent to new apartment development, retail, and dining amenities.
- Located across from the Taiwan Semiconductor Manufacturing Company campus.
- Convenient access to Interstate 17, Loop 303, and Dove Valley Road.
- Approximately 12.9 acres with frontage along North 29th Avenue.
Executive Summary
The property is located adjacent to recently developed apartment communities and near established retail, dining, and service amenities. Proposed plans envision a four-story residential project with extensive parking, landscaped common areas, pedestrian connectivity, and direct access to the Skunk Creek Wash corridor. The combination of approved multifamily density, proximity to one of Arizona's largest employment drivers, and strong surrounding development activity positions the site for investors and developers seeking to capitalize on continued growth in North Phoenix.
Property Facts
1 Lot Available
Lot
| Price | $10,250,000 | Lot Size | 12.90 AC |
| Price Per AC | $794,573.64 |
| Price | $10,250,000 |
| Price Per AC | $794,573.64 |
| Lot Size | 12.90 AC |
12.9-acre multifamily development site in North Phoenix zoned for up to 344 units. Located on 29th Avenue just south of Dove Valley Road, adjacent to existing apartment communities and near TSMC, Loop 303, and I-17.
Description
The property consists of approximately 12.9 acres at 32600 N. 29th Avenue in Phoenix, Arizona, within the North Gateway Village Core. The site is situated just south of Dove Valley Road and approximately one-half mile east of Interstate 17, offering convenient regional connectivity. Current plans call for a 344-unit multifamily community featuring four-story residential buildings, surface and garage parking, landscaped open space, and pedestrian amenities. Surrounding land uses include newly developed apartment communities, neighborhood retail centers, restaurants, and major employment-generating development. The property is located across from the Taiwan Semiconductor Manufacturing Company (TSMC) campus and near Loop 303, placing it within one of the region's most active growth corridors. Existing infrastructure, nearby commercial services, and expanding residential development contribute to the property's appeal as a future multifamily project in a high-demand area of North Phoenix.
Property Taxes
| Parcel Number | 204-11-002F | Improvements Assessment | $0 |
| Land Assessment | $328,821 | Total Assessment | $328,821 |
