20222 N 32nd Drive Unit 1, Phoenix, AZ 85027

$899,000

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List Price
$899,000
Days on Market
0
Status
ACTIVE
MLS#
7104708
City
Phoenix
Lot Size
69,173
Subdivision
Villages-Beardsley

Property Description

Rare 1.59-acre R-3 multifamily development site in north Phoenix, just north of Beardsley Rd and the Loop 101. City of Phoenix R-3 zoning allows approx. 15.23 units/acre attached, up to 17.4 with bonus, supporting roughly 24 to 27 units gross, subject to site plan. Well suited for townhomes, build-to-rent, small apartments or detached cluster product. Vacant infill parcel with quick access to the Loop 101, I-17, Deer Valley employment and the fast-growing north Phoenix job corridor, including the TSMC campus. Multifamily-zoned land in this area is in short supply, making this a strong opportunity for builders, developers and investors.

Additional Information

Acres
1.59
Electric
APS
Lot Size
69,173
New Financing
Cash, Conventional, SBA, 1031 Exchange
Sewer
Public Sewer
Subdivision
Villages-Beardsley
Tax Year
2025
Water
City Franchise
Zoning
R-3 multifamily

Courtesy of Realty ONE Group. 480-777-4500

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