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    320 E Hatcher Rd, Unit 6 Phoenix, AZ 85020

    For Sale
    $849,900

    LAND - Phoenix, AZ

    Lot size:
    0.68 Acres
    Days on Market:
    27
    Last Refresh:
    Dec 9 at 2:06 pm

    Property Features for 320 E Hatcher Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-5
    APN
    159-45-092-A
    Fencing
    Chain Link
    Lot size
    0.68 Acres

    Utilities

    Sewer type
    Public Sewer

    Grayson & Grayson (602) 418-2950 [email protected]

    Listing agent Keith Grayson (602) 418-2950

    Listing date Nov 13, 2025

    MLS# 6929943 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

    Phoenix Multifamily Development Opportunity

    This property presents a multifamily development opportunity in Phoenix, Arizona. The project is zoned R-5 High Density Multi-Family and is located within the Hatcher District Overlay, which permits restaurants, office spaces, and retail within new developments. Approved plans convey with the sale, and the mylar is approved for re-plat. Permits for civil, grading and drainage, landscape/salvage, fire line, and backflow have been approved. Bonds have been purchased and assigned to permits for work in the easements. The architect and design team is self-certified and will have construction permits approved 5 days after site plan is approved. The site has been submitted for City review. The development is planned as a two-story, 20-unit multifamily project consisting of 16,396 square feet on a 0.68-acre lot. The unit mix includes 4 three-bedroom/two-bath units, 6 two-bedroom/two-bath units, 2 one-bedroom/one-bath units, and 8 studios. Parking will be provided by 10 garages and 20 additional surface parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.068716
    Latitude
    33.571653

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    FAQs

    What type of property is this?
    Apartment building - Approved plans for 20-unit multifamily project in Phoenix.
    Where is this apartment building located?
    The property is located at 320 E Hatcher Rd, Unit 6 Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $849,900.
    What are key features of this property?
    This property features: - Approved permits in place for civil, grading, drainage, landscape/salvage, fire line, and backflow.; - Zoned R-5 High Density Multi-Family, allowing for restaurants, office, and retail.; - Plan set conveys with sale, Mylar approved for re-plat.
    (602) 418-2950
    Request Owner's contact information
    320 E Hatcher Rd, Unit 6 Phoenix, AZ 85020
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    Phoenix, AZ 85020
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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
    320 E Hatcher Rd, Unit 6 Phoenix, AZ 85020
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