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3504 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 recent residential building activity. Rental units at NWC 32nd Street and national homebuilder purchase at 36th St and Southern.
EXECUTIVE SUMMARY
Two R1-6 zoned parcels for sale for development, which is needed in Phoenix's close-in Southern Avenue area.
Agricultural lease for wholesale boxed-tree sales. Lease recycles with the growing season.
Agricultural lease for wholesale boxed-tree sales. Lease recycles with the growing season.
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 In Escrow
1 LOT AVAILABLE
Lot 3448, 3054
| 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 25± single-family residences. A developing neighborhoo with sales and completions. Nearby recent sale to 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.
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3504 E Southern Ave - SFR Development Land 4.0± Acre
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