Apache Junction Multi-Family Development
For Sale
Under Contract
$2,999,900
315 N Rennick Drive, Apache Junction, AZ 85120
LAND - Apache Junction, AZ
Lot Size6.90 Acres
Days on Market440
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
(480) 777-4500
Listed By:
Zachary Pebler · License #SA548325000
(480) 390-4542
Added: May 19, 2025
Changed: Apr 15
Last Checked: Aug 1 at 8:06PM
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.
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,105
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land with approved plans for 124-unit development.
Where is this residential land & home lot 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.
