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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$10,250,000

Est. payment - /mo

12.9 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7067435

HOA Y/N No

Annual Tax Amount $13

Tax Year 2024

Lot Size 12.900 Acres

Acres 12.9

Lot Dimensions 660' X Irregular

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime turnkey Apartment/Senior Living development site directly east of Taiwan Semiconductor's $ 268 Billion investment to build 10 Semiconductor factories. The street( 29 av ) is paid for. Sewer fee of $140,000 due at close of escrow. Zoned for 344 units. This site plan shows 310 units. The Developer rezoned site and now doesn't want to close. Borders Skunk Creek Wash on the west. The city's impact fee is approximately $ 18,500 per unit. Come join the global semiconductor hub of North Phoenix along with Halo Vista. 303 Freeway is 3/4 miles south. Located in the City of Phoenix North Gateway Core. Before rezone, property was under a grazing lease to keep taxes low. Listing broker is a part owner of site. Sale subject to cancellation of existing escrow.

Location

State AZ

County Maricopa

Area Maricopa

Zoning C-2 DNS/WVR& FH

Direction Second parcel south of Dove Valley on the west side of 29 av. Large apartments on both sides of lot.

Interior

Flooring Flooring

Exterior

Topography Level

Private Pool No

Building

Lot Description Adjacent to Wash

Sewer Public Sewer

Water City Franchise

New Construction No

Others

Senior Community No

Tax ID 204-11-002-F

Acceptable Financing Cash

Horse Property N

Disclosures Seller Prop Disc Stm, Boundary Survey Avlb, ALTA Survey Alba

Listing Terms Cash

Special Listing Condition Owner/Agent

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Listed by Prestige Realty • Gary S White

NEARBY SCHOOL & BUSINESS

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32600 N 29 Avenue #* Phoenix, AZ 85086