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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$1,425,000

Est. payment - /mo

2.08 Acres Lot

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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision 28Th Street Lofts

MLS Listing ID 6986821

HOA Y/N No

Annual Tax Amount $3,269

Tax Year 2025

Lot Size 2.080 Acres

Acres 2.08

Lot Dimensions 126x37x130x175x199x199x214

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed.

This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals.

Highlights:

" Final plat completed for 28 units.
" Civil plans completed.
" Landscape plans completed.
" Complete MEP (HVAC, electrical, plumbing) engineering completed.

This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval.

Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction.

Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.

Location

State AZ

County Maricopa

Community 28Th Street Lofts

Area Maricopa

Zoning R-3

Interior

Flooring Flooring

Exterior

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 122-58-131

Acceptable Financing Cash, Conventional

Disclosures None

Listing Terms Cash, Conventional

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Listed by Kidder Mathews • Brian Rosella

NEARBY SCHOOL & BUSINESS

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader SASA548713000

Scottsdale Speciality Searches

2854 E WIER Avenue #- Phoenix, AZ 85040

Ryan Ney

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION