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Apache Junction Multi-Family Development Land
For Sale
Under Contract
$2,999,900

315 N Rennick Drive, Apache Junction, AZ 85120

Land, Apache Junction, AZ

Property SizeContact for details
Lot Size6.90 Acres
Days on Market534

Property Features for 315 N Rennick Drive

General Information

Property type Land
Property subtype Other
Zoning RM-2
Directions East on Apache Trail, north on Rennick Dr. Property is on the east side of Rennick Dr.
Standard status Active Under Contract
APN 101-18-108-D
Lot size 6.90 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 28502

Utilities

Sewer type Public Sewer
Water source Private
Listing Agency: Realty ONE Group
Listed By: Zachary Pebler · License #SA548325000
Added: May 19, 2025 Changed: Oct 13 Last Checked: Nov 3 at 7:06AM
MLS# 6868452

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This 6.9-acre parcel of land is located in Apache Junction, Arizona. It is zoned RM-2 and has approved civil and architectural plans for a 124-unit multi-family project. According to the public remarks, the buyer can immediately pull permits upon closing and begin development.

Key Highlights

  • Approved plans for a 124‑unit multi‑family project.
  • Permits can be immediately pulled upon closing.
  • Development can be kicked off immediately.

Property Analytics

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Location Intelligence

Trade Area within ½ mile

1,025
Businesses Nearby

Demographics for 85120, AZ

30,605
Population
17,430
Households
1.8
Avg Household Size
54
Median Age
14%
College-Educated
87%
High-School Grad
23.1 sq mi
ZIP Area
1,325
Density / Sq Mi
$53,921
Median Household Income
$35,155
Median Earnings
$958
Median Rent
$162,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Land - Land with approved plans for 124-unit development.
Where is this land located?
The property is located at 315 N Rennick Drive Apache Junction, AZ.
What is the asking price?
The asking price for this property is $2,999,900.
What are key features of this property?
This property features: Approved plans for a **124‑unit multi‑family project**.; Permits can be **immediately pulled upon closing**.; Development can be kicked off immediately.
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Includes: Price & PSF · Cap rate · Location · Zoning

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