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43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086

$5,400,000

43275 North 43rd Avenue Anthem, AZ 85087 from Reflecting Walls Photography on Vimeo.

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https://vimeo.com/364507606

Property Type: Land and Lots Lot Size (sq. ft.): 701,319 Status: Closed

Current Price: $5,400,000 List Date: 8/25/2021 Last Modified: 7/31/2023

Description

Commercial development opportunity, 16.1 acres of retail, office or multifamily development adjacent to Anthem Outlet Mall. This land consists of 4 parcels zoned C-2. There is dual ingress and egress access from the i-17 Freeway Frontage Road and 43rd Ave. Utilities are at the site. The location is ideal for much needed restaurants and more retail space in the Anthem community with the Outlet Mall on the south and the Goodwill Store on the NW corner. Total populations within 10 miles; 61,736 and consistently growing. Anthem is the gateway to northern Arizona and a major shopping hub for the towns and county to the north of Phoenix. This high traffic area only has a few land parcels left and this is the largest commercial property available in the area.

More Information MLS# 5987972

Contract Information

Current Price: $5,400,000 Sold Price: $5,400,000 Status: Closed List Date: 2019-10-03 For Sale or Lease?: Sale Type: ER

Location Tax Legal

Map Code/Grid: E33 House Number: 43240 Compass: N Street Name: BLACK CANYON St Suffix: Highway City/Town Code: Phoenix State/Province: AZ Zip Code: 85086 Zip4: 7039 Country: USA County Code: Maricopa Assessor Number: 202-23-618 Subdivision: DESERT HILLS ANTHEM ADDITION Tax Year: 2019

General Property Description

Apx Total Acres: 16.1 Apx Total Acres G/N: G Price Per Acre: 335403.73 # Lots in Listing: 4 Apx SqFt: 701319 Price Per SqFt: 7.7 Apx SqFt G/N: G Lot Size Dimensions: Irregular Zoning: Commercial Elementary School District: Deer Valley Unified District High School District: Deer Valley Unified District Elementary School: Anthem School Jr. High School: Canyon Springs High School: Boulder Creek High School

Remarks Misc

Cross Street: I-17 & Anthem Way Directions: I-17 to Anthem Way west to Frontage Road or 43rd Ave. Geo Lat: 33.876854 Geo Lon: -112.149899

Status Change Info

Status Change Date: 2021-12-20 Off Market Date: 2021-08-25 Under Contract Date: 2021-05-24 Close of Escrow Date: 2021-12-20 Sold Price: $5,400,000

Legal Info

Township: 6N Range: 2E Section: 10 Lot Number: 2

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot; Commercial Acreage Zoned Presently: Commercial Potential Use: Multi-Family; Commercial; Industrial; Mobile/Mgf Hme/RV's; Office; Retail; Pad Site; Hotel/Motel; P.A.D. Parcel Size: 20.00 - 39.99 Acres Current Density: Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: Subdivision Plat Apv; On Site Imp Cmplete; Other; See Remarks Land Features: Dual Street Ftg; Mountain View(s); North/South Exp; Other; See Remarks Elevation: 1,001 - 2,000 Ft Elevation Source: Other (See Remarks) Vegetation: Natural Vegetation Land Configuration: Square Rectangular Traffic Count: Other (See Rmks) Topography: Level Existing Structures: None Water: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS 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: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; SBA Special: Incorporated Area Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: None