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    315 N Rennick Dr Apache Junction, AZ 85120

    Picture of Residential land & home lots at N Rennick Dr 315, Apache Junction, AZ
    For Sale
    $2,999,900

    Land - Apache Junction, AZ

    Lot size:
    6.90 Acres
    Days on Market:
    201
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 315 N Rennick Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RM-2
    APN
    101-18-108-D
    Lot size
    6.90 Acres

    Building Details

    Architectural style
    Other

    Realty ONE Group (888) 461-0101 [email protected]

    Listing agent Zachary Pebler (888) 461-0101

    Listing date May 19, 2025

    MLS# 6868452 Listing URL

    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.

    Overview

    Approved Multifamily Development Opportunity

    This 6.9-acre parcel is approved for a 124-unit multifamily development. Civil and architectural plans are already approved, allowing the buyer to immediately obtain permits and begin development upon closing. The property is zoned RM-2 and is located in Apache Junction, Arizona.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Apache Junction
    County
    Pinal
    State
    Arizona
    Longitude
    -111.555598
    Latitude
    33.417442

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    FAQs

    What type of property is this?
    Residential land & home lot - 6.9-acre multifamily parcel with approved plans for 124 units.
    Where is this residential land & home lot located?
    The property is located at 315 N Rennick Dr 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.; - Civil plans included.
    (888) 461-0101
    Request Owner's contact information
    315 N Rennick Dr Apache Junction, AZ 85120
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    Apache Junction, AZ 85120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    315 N Rennick Dr Apache Junction, AZ 85120
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