R-3 Multifamily Development
For Sale
Contact for pricing
1724 W Desert Cove Ave, Phoenix, AZ 85029
Land zoned R-3 in Phoenix, positioned for multifamily development near major transportation routes and local amenities.
Property SizeContact for details
Lot Size0.56 Acres
Days on Market680
Property Features for 1724 W Desert Cove Ave
General Information
Standard status
Active
Lot size
0.56 Acres
Property subtype
LAND
Listing Agency:
Sperry Commercial Global Affiliates
(408) 497-5574
Listed By:
Dana Hearon · License ##SA691555000
(408) 497-5574
Source:
Moodyscre
Added: Oct 15, 2024
Changed: Aug 8
Last Checked: Jul 28 at 11:53AM
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 Sperry Commercial Global Affiliates
Investment Insights
Based on property information with market context.
This R-3 zoned land parcel is well-suited for multifamily development. The property is described as a spacious lot in the Phoenix area with infrastructure support for multifamily development.
The location offers access to major transportation routes and is close to local amenities and conveniences, which may support tenant demand for residential use. The offering is presented for long-term investment growth based on favorable market conditions for multifamily investment.
For buyers seeking development-ready land with R-3 zoning, this parcel provides a straightforward platform to plan and execute a multifamily project in the Phoenix market. The transaction is for sale.
The location offers access to major transportation routes and is close to local amenities and conveniences, which may support tenant demand for residential use. The offering is presented for long-term investment growth based on favorable market conditions for multifamily investment.
For buyers seeking development-ready land with R-3 zoning, this parcel provides a straightforward platform to plan and execute a multifamily project in the Phoenix market. The transaction is for sale.
Key Highlights
- Zoned R‑3 for multifamily development
- Located at 1724 W Desert Cove Ave, Phoenix, AZ 85029
- Near major transportation routes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
742
Businesses Nearby
Explore this area
Business Placement
Demographics for 85029, AZ
47,101
Population
19,723
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
5,011
Density / Sq Mi
$60,384
Median Household Income
$37,282
Median Earnings
$1,319
Median Rent
$307,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land zoned R-3 in Phoenix, positioned for multifamily development near major transportation routes and local amenities.
Where is this residential land & home lot located?
The property is located at 1724 W Desert Cove Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Zoned R‑3 for multifamily development; Located at 1724 W Desert Cove Ave, Phoenix, AZ 85029; Near major transportation routes
