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111 E SOUTHERN Avenue # - Phoenix, AZ $ 2,200,000
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$ 2,200,000 Get more info
111 E SOUTHERN Avenue # -
$ 2,200,000
Back to search
Share Save

111 E SOUTHERN Avenue # -

Phoenix, AZ, 85040
$ 2,200,000
Baths0.0

Monthly Estimate*

$ 13,176

111 E SOUTHERN Avenue # -, Phoenix, AZ 85040 - Image 1
111 E SOUTHERN Avenue # -, Phoenix, AZ 85040 - Image 2
111 E SOUTHERN Avenue # -, Phoenix, AZ 85040 - Image 3
111 E SOUTHERN Avenue # -, Phoenix, AZ 85040 - Image 4
Studio

Lots and Land for sale in Phoenix, AZ

for $2,200,000. The lot size is 2.82.

GREAT OPPORUNITY AWAITS!! This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes, hospice centers or group homes. In a planned residential development, approximately 120 units could be created. Mini-apartments could potentially include more units. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..

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Lots and Land Active

Price

$ 2,200,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 13,403

Style

Land

Lot Size

2.82

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6732075
Features
General
Sewer Public Sewer
Zoning R5
Electric APS
Topography Level
Township 1N
Unit Number -
Tax Year 2023
County Maricopa
Property Type Land
Home Owner Assoc: N
Possible Use Multi-Family
Special Listing Conditions Owner/Agent
Status Active
Directions From 7th Street West on Southern. Lot is on the South Side of the road just to the left of the Insurance company.
City Phoenix
Disclosures Archeological Site
View Y/N N
High School District Phoenix Union High School District
Lot Size Units Acres
Lot Size Square Feet 122926.0
Carport Y/N N
Elementary School Roosevelt Elementary School
Tax Annual Amount 13403.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 54
Standard Status Active
Elementary School District Roosevelt Elementary District
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot -
Senior Community N
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Exterior
Water Source City Franchise
Lot Size Area 2.82
Spa N
Lot Dimensions 10X20X10X30 apx
Lot Size Acres 2.82
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 111
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* Excluded Features
List By
My Home Group Real Estate

Broker

roxygirlsonfireaz@gmail.com

Email

Affordability Calculator

$14,293
Per Month
92%
8%
0%
Monthly Principal & Interest
$13,176
Monthly Property Taxes
$1,117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327772 Elementary School
4327058 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/17/2024$2,200,000 Listed Price

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111 E SOUTHERN Avenue # -, Phoenix, AZ, 85040 is a Lots and Land for sale at $2,200,000 with a lot size of 2.82. 111 E SOUTHERN Avenue # - is a studio with 0.0 baths. The property's zip code is 85040 which is in Phoenix, AZ

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