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4249 N 16TH Street, Phoenix, AZ 85016

$2,250,000
Property Type: Land Lot Size (sq. ft.): 27,485 Status: Active
Current Price: $2,250,000 List Date: 5/05/2025 Last Modified: 6/11/2025

Description

Outstanding location with high visibility along 16th Street. This vacant lot features C-2 zoning in the front and R-3 zoning in the rear. Seller is currently awaiting city approval for plans to construct 8 modern townhomes, reach out to listing agent for plans. Highlights: • Mixed C-2 and R-3 zoning • Plans submitted for 8 townhomes • High-traffic, high-demand location • Easy access to SR-51, Downtown Phoenix, and Camelback Corridor

More Information MLS# 6861744

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $2,250,000 List Price: $2,250,000 Status: Active List Date: 2025-05-05

Location, Tax & Legal

Assessor's Map #: 28 Legal Description (Abbrev): MORNINGSIDE AC LOT 24 N 93' EX W 7' RD & EX 12'X5' TRI TH/OF Assessor's Parcel #: 48 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Maricopa - CITY Census Tract: 108501 Taxes: 4009 House Number: 4249 Compass: N Street Name: 16TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85016 County Code: Maricopa Assessor Number: 163-28-048-A Subdivision: MORNINGSIDE ACRES Tax Year: 2024

General Property Description

Apx Total Acres: 0.63 Apx Total Acres G/N: G Price Per Acre: 3571428.57 Apx SqFt: 27485 Price Per SqFt: 81.86 Apx SqFt G/N: G Lot Size Dimensions: 85' x 283' Zoning: C-2

Legal Info

Range: 3E Section: 22 Township: 2N Lot Number: ''

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 2250000 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: Aligned Showings

Lockbox Type

None: 1

Existing Land Use

Commercial Acreage: 1

Zoned Presently

Commercial: 1

Potential Use

Single Family: 1 Multi-Family: 1 Commercial: 1 Office: 1

Parcel Size

.50 - .99 Acres: 1

Current Density

Other (See Rmks): 1

Development Status

Off Site Imp Complte: 1

Land Features

Corner Lot: 1 Curb(s) & Gutter(s): 1 Sidewalk(s): 1

Land Configuration

Square Rectangular: 1

Road Surface Type

Asphalt: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Electric

City Electric: 1

Topography

Level: 1

Gas

Other (See Rmks): 1

Existing Structures

None: 1

Distance to Cable

None: 1

New Financing

Cash: 1 Seller Approve Terms: 1

Distance to Phone

Call Listing Office: 1

Distance to Water

Call Listing Office: 1

Existing 1st Loan

Other (See Rmks): 1

Distance to Electric

Call Listing Office: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

Call Listing Office: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Call Listing Office: 1

Existing 2nd Loan

Other (See Rmks): 1

Horse Features

Other: 1 See Remarks: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Other (See Rmks): 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Other Loan

Not Applicable: 1

Remarks Misc

Cross Street: E Glenrosa Ave Geo Lat: 33.498205 Geo Lon: -112.046972

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Acreage Zoned Presently: Commercial Potential Use: Single Family; Multi-Family; Commercial; Office Parcel Size: .50 - .99 Acres Current Density: Other (See Rmks) Development Status: Off Site Imp Complte Land Features: Corner Lot; Curb(s) & Gutter(s); Sidewalk(s) Land Configuration: Square Rectangular Road Surface Type: Asphalt Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: City Electric Gas: Other (See Rmks) Distance to Cable: None Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Rmks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Rmks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Seller Approve Terms Environmental: None Horse Features: Other; See Remarks Lockbox Type: None Fencing: None
Listing Office: Echo Real Estate
IDX
Last Updated: June - 11 - 2025
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