Colt Rd & 2nd Ave - Opportunity Zone Residential Land Available 5 Acres of Residential Land in Apache Junction, AZ 85119
INVESTMENT HIGHLIGHTS
- Opportunity Zoned Land in Apache Junction
- 5 Acres of Residential Land
EXECUTIVE SUMMARY
EXCLUSIVELY REPRESENTED BY ORION INVESTMENT REAL ESTATE - Larry Kush
This offering includes one land parcel totaling approximately 5 Acres. Seller will allow for re-zone to Multifamily. The parcel is located off of Colt Road in between 4th and 2nd Avenues in Apache Junction, Arizona. The parcels are within an Opportunity Zone and are zoned General Rural Low Density Single Family Detached Residential. Downtown Apache Junction area serves as the gateway to the Superstition Mountains, containing the core civic functions of the city, as well as a growing number of retail and restaurant amenities. The city is ready and able to diversify their residential offerings to serve the next generation.
This offering includes one land parcel totaling approximately 5 Acres. Seller will allow for re-zone to Multifamily. The parcel is located off of Colt Road in between 4th and 2nd Avenues in Apache Junction, Arizona. The parcels are within an Opportunity Zone and are zoned General Rural Low Density Single Family Detached Residential. Downtown Apache Junction area serves as the gateway to the Superstition Mountains, containing the core civic functions of the city, as well as a growing number of retail and restaurant amenities. The city is ready and able to diversify their residential offerings to serve the next generation.
PROPERTY FACTS
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 5.00 AC |
| Opportunity Zone |
Yes |
| Zoning | Multifamily - Multifamily |
1 LOT AVAILABLE
Lot
| Lot Size | 5.00 AC |
DESCRIPTION
This offering includes one land parcel totaling approximately 5 Acres. The parcel is zoned multifamily at 22 units an acre. The parcel is located off of Colt Road in between 4th and 2nd Avenues in Apache Junction, Arizona. The parcels are within an Opportunity Zone and are zoned General Rural Low Density Single Family Detached Residential. Downtown Apache Junction area serves as the gateway to the Superstition Mountains, containing the core civic functions of the city, as well as a growing number of retail and restaurant amenities. The city is ready and able to diversify their residential offerings to serve the next generation.
PROPERTY TAXES
| Parcel Number | 101-20-009 | Improvements Assessment | $0 |
| Land Assessment | $294,186 | Total Assessment | $294,186 |
