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3448 E Southern Ave - SFR Development Land 4.0± Acre 3.82 Acres of Commercial Land Offered at $2,000,000 in Phoenix, AZ 85040
Investment Highlights
- In center of residential building activity. Recent rental units at NWC 32nd Street and national homebuilder purchase at 36th St and Southern.
Executive Summary
Contiguous R1-6 zoned two parcels for sale for development needed in area.
Agricultural lease for wholesale boxed-tree sales. Existing lease renews with the growing season, depending on land availability.
Rental home and abandoned well professionally removed with environmental report confirmation.
Agricultural lease for wholesale boxed-tree sales. Existing lease renews with the growing season, depending on land availability.
Rental home and abandoned well professionally removed with environmental report confirmation.
Financial Summary (Actual - 2024) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$3,500
|
$916.30
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$3,500
|
$916.30
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $3,500 |
| Annual Per AC | $916.30 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $3,500 |
| Annual Per AC | $916.30 |
Property Facts
1 Lot Available
Lot 3448, 3504
| Price | $2,000,000 | Lot Size | 3.82 AC |
| Price Per AC | $523,608.05 |
| Price | $2,000,000 |
| Price Per AC | $523,608.05 |
| Lot Size | 3.82 AC |
Two side-by-side R1-6 residential zoned lots of a total 3.83 acres (Assr) may be sited for 26 single-family residences. A developing neighborhood with sales and completions. Nearby 2024 sale to a national home builder of over 20 acres.
Description
Term agricutural lease of level land for development fo R1-6 zoned for single family dwellings. Prior rental homes and well professionally removed to provide for development planning.
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Total Assessment | $25,060 (2025) | |
| Land Assessment | $0 (2025) | Annual Taxes | $3,500 |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 Payable 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$25,060 (2025)
Annual Taxes
$3,500
Tax Year
2024 Payable 2025
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3448 E Southern Ave - SFR Development Land 4.0± Acre