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Development-Ready Homebuilder Land
For Sale
$2,999,000

1215 East Devonshire Avenue Unit 112, Phoenix, AZ 85014

Land parcel in Phoenix with a started, approved project for luxury SFR homes and potential for up to 50 units.

Property Size40,000 SF
Price / SF$74.98
Days on Market473

Property Features for 1215 East Devonshire Avenue Unit 112

General Information

Standard status Active
Size 40,000 SF
Property subtype Land
Zoning R-5

Taxes and HOA fees

Annual Taxes $353

Amenities

0.0
Chain Link
No
12
Listing Agency: My Home Group Real Estate
Listed By: Vick Gutierrez · License #SA577246000
Source: Compass
Added: Apr 29, 2025 Changed: Aug 8 Last Checked: Mar 25 at 3:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of My Home Group Real Estate

Investment Insights

Based on property information with market context.

This land parcel is set up for residential development, with a started and approved project for 12 luxury SFR homes. The plan also contemplates scaling the project to build up to 50 units on the site.

The proposed concept is a private, gated community that includes a pool and common area, supporting a planned, amenity-inclusive neighborhood layout.

For developers and investors looking for a property aligned with vertical construction and an existing approval pathway, this site offers flexibility between the approved 12-home plan and an expanded multi-unit build-out.

Key Highlights

  • 12‑lot land parcel in Phoenix with chain link fencing
  • Started and approved project for 12 luxury SFR homes
  • Potential to build up to 50 units on the property

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Food Market Veterinary Clinic Electrical Service Butcher Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

Demographics for 85014, AZ

26,381
Population
14,778
Households
1.8
Avg Household Size
37
Median Age
43%
College-Educated
90%
High-School Grad
4.0 sq mi
ZIP Area
6,595
Density / Sq Mi
$69,995
Median Household Income
$48,465
Median Earnings
$1,339
Median Rent
$447,500
Median Home Value
Rey
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 parcel in Phoenix with a started, approved project for luxury SFR homes and potential for up to 50 units.
Where is this residential land & home lot located?
The property is located at 1215 East Devonshire Avenue Unit 112 Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,999,000.
What are key features of this property?
This property features: 12‑lot land parcel in Phoenix with chain link fencing; Started and approved project for 12 luxury SFR homes; Potential to build up to 50 units on the property
More about this property
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