Search

3248 W INDIAN SCHOOL Road .-, Phoenix, AZ 85017

$2,000,000
Property Type: Land Lot Size (sq. ft.): 76,111 Status: Active
Current Price: $2,000,000 List Date: 12/01/2025 Last Modified: 12/01/2025

Description

R-5 permits up to 94 Multi-Family units *** Signalized Access at 33rd Ave/Indian School Rd *** Across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Krispy Kreme Ross Dress For Less & Chase Bank *** Listing Agent related to Seller entity *** 5 minutes to Grand Canyon University, 10 minutes to Downtown Phoenix, 15 minutes to Sky Harbor Airport *** Ready for new Multi-Family development - LIHTC - located in QCT *** New Indian School/35th Ave/Grand Ave interchange realignment scheduled for summer of 2026 per ADOT.

More Information MLS# 6952559

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $2,000,000 List Price: $2,000,000 Status: Active List Date: 2025-11-29

Location, Tax & Legal

Lot #: .- Assessor's Map #: 24 Legal Description (Abbrev): THT POR W2 W2 SE4 SW4 SEC 23 DAF COM SE COR SW4 SD SEC TH W 1310.63F TH N 50F TH N 265.79F TO POB TH Assessor's Parcel #: 73 Assessor Parcel Ltr: C Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 109102 Taxes: 8907 House Number: 3248 Compass: W Street Name: INDIAN SCHOOL St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85017 Zip4: 3901 County Code: Maricopa Assessor Number: 154-24-073-C Subdivision: Legal in Escrow Tax Year: 2025

General Property Description

Apx Total Acres: 1.75 Apx Total Acres G/N: G Price Per Acre: 1142857.14 # Lots in Listing: 1 # Units Allowed: 94 Apx SqFt: 76111 Price Per SqFt: 26.28 Apx SqFt G/N: G Lot Size Dimensions: Irregular Flood Zone: No Street Frontage: 30 Elementary School District: Alhambra Elementary District High School District: Phoenix Union High School District High School: Alhambra High School Zoning: R5

Legal Info

Range: 2E Section: 23 Township: 2N Lot Number: .-

Special Listing Cond

N/A: 1

Pmt & Rate Info

Down Payment: 0 Equity: 2000000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used No Notification Required to Show: 1

Lockbox Type

None: 1

Existing Land Use

Residential Lot: 1 Commercial Lot: 1 Residential Acreage: 1 Commercial Acreage: 1

Zoned Presently

Multi-Family: 1 Hotel/Motel: 1

Potential Use

Multi-Family: 1 Hotel/Motel: 1

Parcel Size

1.00 - 2.49 Acres: 1

Current Density

40+ Units P/Acre: 1

Proposed Density

40+ Units P/Acre: 1

Development Status

Raw Land: 1

Land Features

Curb(s) & Gutter(s): 1 Sidewalk(s): 1 North/South Exp: 1

Elevation

1,001 - 2,000 Ft: 1

Elevation Source

Owner: 1

Vegetation

Natural Vegetation: 1

Land Configuration

Square Rectangular: 1 Irregular Shape: 1

Road Access Type

Alley: 1 City Street: 1

Road Surface Type

Asphalt: 1

Road Responsibility

City Maintained Road: 1

Traffic Count

50,001 to 75,000: 1

Fencing

Block: 1 Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

Up to 1 Mile: 1

Sewer

Sewer - Available: 1

Electric

SRP: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1 1031 Exchange: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Private: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

Under 350 Feet: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

On Property: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Use Restrictions

C.C. & R's: 1 Existing Easement: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 Boundary Survey Avlb: 1 ALTA Survey Alba: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

Phase I Available: 1

Existing Other Loan

Not Applicable: 1

Remarks Misc

Cross Street: Indian School Road and 33rd Ave Directions: Indian School Rd between I-17 and US-60/Grand Ave, across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Fallas, Krispy Kreme & Chase Bank. Geo Lat: 33.496046 Geo Lon: -112.129409

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage Zoned Presently: Multi-Family; Hotel/Motel Potential Use: Multi-Family; Hotel/Motel Parcel Size: 1.00 - 2.49 Acres Current Density: 40+ Units P/Acre Proposed Density: 40+ Units P/Acre Development Status: Raw Land Land Features: Curb(s) & Gutter(s); Sidewalk(s); North/South Exp Elevation: 1,001 - 2,000 Ft Elevation Source: Owner Vegetation: Natural Vegetation Land Configuration: Square Rectangular; Irregular Shape Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: 50,001 to 75,000 Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Available Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: On Property Existing 1st Loan: Private Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; 1031 Exchange Use Restrictions: C.C. & R's; Existing Easement Environmental: Phase I Available Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: Block; Chain Link
Listing Office: Fathom Realty Elite
IDX
Last Updated: December - 01 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.