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4330 N 5TH Avenue, 39, Phoenix, AZ 85013

$3,850,000
Property Type: Land and Lots Lot Size (sq. ft.): 105,850 Status: Active
Current Price: $3,850,000 List Date: 1/03/2024 Last Modified: 12/20/2024

Description

DISCOVER AN UNPARALLELED OPPORTUNITY IN THE HEART OF MIDTOWN PHOENIX'S MELROSE DISTRICT WITH THIS EXTRAORDINARY 2.43-ACRE PARCEL OF LAND, PRESENTING A PRIME MULTIFAMILY BUILDER OPPORTUNITY. BOASTING APPROVED PLANS FOR A 39-UNIT CONDOMINIUM/APARTMENT BUILDING, THIS PROPERTY IS POISED FOR IMMEDIATE DEVELOPMENT. SPECIAL FINANCING TERMS MAKE THIS VENTURE EVEN MORE ENTICING, AND WITH A REMARKABLE 83 WALK SCORE, FUTURE RESIDENTS WILL ENJOY CONVENIENT ACCESS TO A PLETHORA OF AMENITIES. DON'T MISS OUT ON THIS CHANCE TO SHAPE THE LANDSCAPE OF THE VIBRANT MELROSE DISTRICT. FOR INQUIRIES ABOUT SPECIAL SELLER FINANCING, CONTACT JOEL CHACKO FOR PRIVATE DETAILS. THIS IS A RARE AND PROMISING INVESTMENT OPPORTUNITY THAT AWAITS YOUR VISION AND CREATIVITY.

More Information MLS# 6645322

Contract Information

Current Price: $3,850,000 List Price: $3,850,000 Status: Active List Date: 2024-01-03 For Sale or Lease?: Sale Type: ER

Location Tax Legal

House Number: 4330 Compass: N Street Name: 5TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85013 Zip4: 2997 Country: USA County Code: Maricopa Assessor Number: 155-33-181 Subdivision: PARK FIFTH AVENUE CONDOMINIUMS Tax Year: 2023

General Property Description

Apx Total Acres: 0.02 Apx Total Acres G/N: G Price Per Acre: 192500000 Apx SqFt: 105850 Price Per SqFt: 36.37 Apx SqFt G/N: G Lot Size Dimensions: 2.43 ACRES Zoning: COMMERCIAL Elementary School District: Osborn Elementary District High School District: Phoenix Union High School District Elementary School: Encanto School Jr. High School: Osborn Middle School High School: Central High School

Remarks Misc

Cross Street: W GLENROSA AVE & N 5TH AVE Directions: FROM CENTRAL AVE HEAD WEST ON GLENROSA AVE, RIGHT ONTO 5TH AVE. PROPERTY IS ON LEFT. Geo Lat: 33.499066 Geo Lon: -112.080831

Status Change Info

Status Change Date: 2024-01-03

Legal Info

Township: 2N Range: 3E Section: 20 Lot Number: 39

Distance To Street

Distance To Street Comments: NONE

Showing Notification Methods

Showing Service: No Showing Service Used

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: 1.00 - 2.49 Acres Water: Check Availability Sewer: Sewer - Public Electric: None Gas: Other (See Rmks) Distance to Cable: None Distance to Phone: None Distance to Water: None Distance to Electric: None Distance to Gas: None Distance to Sewer: None New Financing: Cash; Conventional Environmental: Other (See Rmks) Lockbox Type: None
Listing Office: Griggs's Group Powered by The Altman Brothers
Last Updated: December - 20 - 2024
4330 N 5TH Avenue, 39, Phoenix, AZ 85013- MLS# 6645322
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