MLS® ID: 5979284

16223 N 31ST Street 21

Phoenix, Arizona, 85032

$1,157,760 Active
  • 195392 SQFT
3-acre-plus opportunity to establish a ground floor redevelopment in a long-overlooked infill target area of Phoenix. 16223 North 32nd Street & 16226 North 29th Street offer a fantastic and rare chance to address either workplace affordable or market-rate demands for a determined visionary investor / developer.Sandwiched between two dynamically growing areas offering high returns for existing properties, but few opportunities for new development, this property is zoned R-3 and allows up to 57 units between the two spaces, perfect to establish a foothold in an area that has every potential to become North Phoenix's next ''up-and-coming'' development and renovation district. . This ever improving area has great access being just 1 mile from the 51 Freeway. The current R-3 zoning allows the
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Listing courtesy of ABI Multifamily

Amenities

  • Zip
    85032
  • Office name
    ABI Multifamily
  • Subdivision
    KAY ACRES 3 LOTS 38-40, 42-45, 47-50
  • SQFT
    195392
  • Property type
    Land and Lots
  • Zoning type
    R-3
  • Lot size
    322.92 ft X 294.52 ft
  • Sewer
    Sewer - Public
  • Tax year
    2019
  • Agent name
    Ryan Andrew Smith
  • Tax amount
    $ 3247.0
  • Purchase Type
    Active
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    7000+ sq ft.
  • Area
    Phoenix
  • Office ID
    abim01
  • Agent ID
    rs792

Location

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