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    Shovel-Ready Multifamily Development Site Title is generated by Realmo AI

    320 E Hatcher Road, Phoenix, AZ 85020

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    Claim this Listing
    For Sale
    $674,900

    LAND - Phoenix, AZ

    Property size:
    16,396 SF
    Lot size:
    0.88 Acres
    Price / SF:
    $41/SF
    Added:
    Mar 25, 2026
    Days on Market:
    84
    Last Refresh:
    Jun 16 at 11:06 pm

    Property Features for 320 E Hatcher Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-5
    Fencing
    Chain Link
    Standard status
    Active
    APN
    159-45-141
    Lot size
    0.88 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    TENGEN PLACE ADD LOT 6 W2 BLK H
    Tax Annual Amount
    624

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Keith Grayson

    Listing agent Keith Grayson

    Listing office Grayson Real Estate 8025 N 12th St, Phoenix, AZ

    Listing date Mar 25, 2026

    MLS# 7003987 Listing URL

    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.

    HighLights

    • Shovel‑ready, fully approved 20‑unit multi‑family project; permits ready to be pulled.
    • R‑5 High Density Multi‑Family zoning allows for restaurants, office, and retail.
    • Includes a plan set that conveys with the sale.
    • Offers a mix of unit types: 4 three‑bed/two‑bath, 6 two‑bed/two‑bath, 2 one‑bed/one‑bath, and 8 studios.
    • Features 10 garages and 20 additional surface parking spaces.
    • Total development size is 16,396 square feet.

    Overview

    This shovel-ready development site is fully approved and currently awaiting a developer to pull permits. The plan set conveys with the sale for a 2-story, 20-unit multifamily project. The unit mix includes 4 three-bedroom/two-bath units, 6 two-bedroom/two-bath units, 2 one-bedroom/two-bath units, and 8 studio units. Parking amenities are planned with 10 garages and 20 additional surface parking spaces. The development is sized at 16,396 square feet and is situated on a 0.88-acre lot.

    The project is zoned R-5 High Density Multi-Family and falls within the Hatcher District Overlay. Within that overlay, new developments may include restaurants, office, and retail uses.

    For buyers looking to control entitlements and move directly into permitting, this offering provides the approved concept, unit configuration, and parking framework needed to advance a 20-unit rental community. The overlay flexibility also supports planning for additional commercial use types as permitted by the development framework for new projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.068481
    Latitude
    33.571571

    FAQs

    What type of property is this?
    Apartment building - Shovel-ready, approved 20-unit multifamily project in an overlay allowing mixed-use amenities within new developments.
    Where is this apartment building located?
    The property is located at 320 E Hatcher Road Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $674,900.
    What are key features of this property?
    This property features: Shovel‑ready, fully approved 20‑unit multi‑family project; permits ready to be pulled.; R‑5 High Density Multi‑Family zoning allows for restaurants, office, and retail.; Includes a plan set that conveys with the sale.
    More about this property
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