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Shovel-Ready 12-Unit Land Development
For Sale
$799,000

13402 N 21 Place 5, Phoenix, AZ 85022

Build-ready lot with approved, permit-ready plans for a 12-unit residential complex.

Property SizeContact for details
Lot Size0.74 Acres
Days on Market215

Property Features for 13402 N 21 Place 5

General Information

Standard status Active
Lot size 0.74 Acres
Property subtype Lots/Land

Additional Details

Multifamily Units 12

Taxes and HOA fees

Annual Taxes $983
Listing Agency: Realty ONE Group
Listed By: Kimberly Lynn Ortiz · License #BR539221000
Source: Exitrealty
Added: Jan 21 Changed: Aug 8 Last Checked: Jun 30 at 8:01PM

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 Realty ONE Group

Investment Insights

Based on property information with market context.

This is a shovel-ready land development offering approved, permit-ready plans for a 12-unit residential project. The plan set contemplates twelve individual units of approximately 1,388 square feet each, with two bedrooms, an office, and 2.5 bathrooms, plus a two-car garage and a private yard per unit. The informational packet includes architectural plans, elevations, and a site plan, with documentation available for review.

The property is described as being located in a high-demand residential rental corridor, which may appeal to operators focused on long-term tenancy. The offering includes a build-ready parcel of approximately 0.74 acres intended to support the proposed 12-unit complex.

For buyers looking to move quickly, the approved plans and permit-ready status can help reduce early-stage development uncertainty. The included unit design provides a repeatable layout with garages and private yards for each home, which may support consistent tenant experience across the 12-unit configuration. Owner financing is also indicated as available, subject to terms offered with the sale.

Key Highlights

  • Approved, permit‑ready plans for a 12‑unit residential complex
  • Each unit plan includes 2 bedrooms, office, 2.5 bathrooms, and a 2‑car garage
  • Unit size shown in plans: 1,388 SF per unit (2BR/office/2.5BA layout)

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Parking Lot & Garage Law Firm Bakery Grocery & Convenience Store

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

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby

Demographics for 85022, AZ

51,314
Population
25,020
Households
2.1
Avg Household Size
39
Median Age
36%
College-Educated
91%
High-School Grad
9.4 sq mi
ZIP Area
5,459
Density / Sq Mi
$66,601
Median Household Income
$45,875
Median Earnings
$1,517
Median Rent
$385,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Build-ready lot with approved, permit-ready plans for a 12-unit residential complex.
Where is this residential land & home lot located?
The property is located at 13402 N 21 Place 5 Phoenix, AZ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Approved, permit‑ready plans for a 12‑unit residential complex; Each unit plan includes 2 bedrooms, office, 2.5 bathrooms, and a 2‑car garage; Unit size shown in plans: 1,388 SF per unit (2BR/office/2.5BA layout)
More about this property
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