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    Eloy Multifamily Development Opportunity

    4120 N CORTEZ Street Eloy, AZ 85131

    4120 N CORTEZ Street, Eloy, AZ, 85131
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    LAND - Eloy, AZ

    Lot Size0.55 Acres
    AddedMar 6
    Days on Market131
    Last RefreshJul 15 at 4:06 am

    Property Features for 4120 N CORTEZ Street

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-3
    Standard status
    Active
    APN
    404-02-074
    Lot size
    0.55 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 30 BLOCK D TOLTEC/ARIZONA VALLEY UNIT ONE CAB 10 SLD 51
    Tax Annual Amount
    50

    Utilities

    Sewer type
    Public Sewer

    Listing agent Jose G Reyes License #SA554116000

    Listing office HomeSmart 13166 W McDowell Rd Ste B, Scottsdale, AZ

    Listing date Mar 6, 2026

    MLS# 6994741 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.

    Investment Insights

    Based on property information with market context.

    This property presents a multifamily development opportunity in Eloy. The large, level lot is zoned R-3 (Multiple Family Residential), offering potential for investors or builders to capitalize on the area's growing housing demand. The zoning allows for multifamily development with the potential for up to 12 units, while also permitting a single-family residence. Electricity and sewer are available on the property, requiring connection. Water is located less than 350 feet away. The parcel is flat and buildable, facilitating the permitting process. This property is suitable for a small apartment, townhome, or build-to-rent project, offering the opportunity to create income-producing housing in a growing Arizona market.

    Key Highlights

    • Zoned R‑3 allowing for multi‑family development up to 12 units.
    • Electricity and sewer are on the property; water is located less than 350 feet away.
    • Large, level, and buildable lot simplifies the development process.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Parking Lot & Garage Auto Parts Store Plumbing Service Auto Repair Shop Grocery & Convenience Store Dental Office Kitchen & Bath Showroom Grocery & Convenience Store Gym & Fitness Center Daycare Center

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

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    FAQs

    What type of property is this?
    Residential land & home lot - Large lot zoned for multifamily development in growing Eloy market.
    Where is this residential land & home lot located?
    The property is located at 4120 N CORTEZ Street Eloy, AZ.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Zoned R‑3 allowing for multi‑family development up to 12 units.; Electricity and sewer are on the property; water is located less than 350 feet away.; Large, level, and buildable lot simplifies the development process.
    Contact an agent
    (602) 290-4747
    We can help!
    Contact an agent
    Jose G Reyes
    Jose G Reyes
    Real Estate License ID: SA554116000
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