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111 E SOUTHERN Avenue -, Phoenix, AZ 85040
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$1,750,000
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Home Details for 111 E SOUTHERN Avenue -
Price
$1,750,000
Type
Lots/Land
Sq. Ft.
122926
Lot Size
2.82
County
Maricopa
Tax
$13,403
Listing #
6732075
On exitrealty.com
392 days
Listing Courtesy: My Home Group Real Estate - roxygirlsonfireaz@gmail.com
Property Description
GREAT OPPORUNITY AWAITS!! This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes, hospice centers or group homes. In a planned residential development, approximately 120 units could be created. Mini-apartments could potentially include more units. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..
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Copyright ©2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Last Updated: 2025-07-11 14:00:44
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$1,750,000
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64 E. Broadway Rd. Ste 200, Tempe, AZ 85282