$2,500,000

MLS # 6609826 | Listed by Keller Williams Realty Phoenix
MLS # 6609826 | Listed by Keller Williams Realty Phoenix
2801 W Glendale Avenue 12 is a $2,500,000 property on a 4.72 acre lot located in Phoenix, AZ.
Discover a unique investment opportunity in Phoenix, Arizona! This spacious 4.718-acre residential plot at 2801 W Glendale Ave offers significant potential for both investors and developers. It currently generates an impressive monthly income of $13,885 from surface parking leases, providing a steady cash flow while you plan its future development.The property is currently zoned as R1-6 and R-6, allowing for a wide range of residential development options. Furthermore, there's potential to rezone it to R-3, R-3A, R-4 (14.5, 22, or 27 DU/Acre), greatly expanding its development possibilities. With neighboring R-5 zoning, there's even a chance to rezone for up to 43.5 units per acre. This prime location in Phoenix provides easy access to major roads, shopping centers, schools, & parks
Exterior Features | Block Chain Link APS Other (See Rmks) Phase I Available SW Gas Other (See Rmks) Residential Lot |
Land Type | Raw Land Square Rectangular See Remarks |
Water Source | City Franchise See Remarks - water |
Sewer | Sewer - Public Sewer in & Cnctd |
Property Type | Land |
Phone No. | (480) 768-9333 |
HOA Fee | $0.00 |
Taxes | $22,193.00 |
County | maricopa |
School District | washington elementary district |
Neighborhood | Ambassador Hts 9 14 |
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Data last updated
11/29/2023 at 08:12pm MST. The data relating to real estate on this website derived in part from the Arizona Regional Multiple Listing Service, Inc. Internet Data Exchange program. All properties are subject to prior sale, change or withdrawal. Neither eXp Realty, LLC nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2023 Arizona Regional Multiple Listing Service, Inc. All rights reserved.