Search
Approved Townhome Development Opportunity
For Sale
Contact for pricing

19226 N Cave Creek Rd, Phoenix, AZ 85024

1.19 acres with permits for 12 townhome units.

Property SizeContact for details
Lot Size1.19 Acres
Days on Market171

Property Features for 19226 N Cave Creek Rd

General Information

Standard status Active
Lot size 1.19 Acres
Property subtype Land
Zoning R5
Listing Agency: Launch Real Estate
Listed By: Mehran Parsai · License #AZ BR112043000
Source: Crexi
Added: Feb 24 Changed: Aug 8 Last Checked: Jul 16 at 6:21AM

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 Launch Real Estate

Investment Insights

Based on property information with market context.

This 1.19-acre development land presents an opportunity for residential construction, featuring approvals for 12 townhome units. The site plan includes 6 duplex-style buildings, each designed to house two attached townhomes. Each residence is planned to offer 3 bedrooms, with living spaces ranging from 1,602 to 1,962 square feet, along with a private balcony and a 2-car garage. Approximately 50% of the civil work has been completed.

Key Highlights

  • 12 approved townhome units with permits in place: Ready to build.
  • Partial civil work complete (approximately 50%): Reduces development timeline and upfront costs.
  • Approved plans for 6 duplex‑style buildings: Each with 3 bedrooms, private balcony and a 2‑car garage.

Property Analytics

Current Use

Mrs. Clean Cleaning ... Hardware & Home Improvement

Suggested Use

Top Pick Dental Office Law Firm (Bike/Boat/Book/etc) Store Daycare Center Spa & Massage Center Skin Care Clinic

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

430
Businesses Nearby

Demographics for 85024, AZ

26,021
Population
11,032
Households
2.4
Avg Household Size
37
Median Age
45%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,224
Density / Sq Mi
$97,759
Median Household Income
$52,441
Median Earnings
$1,813
Median Rent
$430,400
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 - 1.19 acres with permits for 12 townhome units.
Where is this residential land & home lot located?
The property is located at 19226 N Cave Creek Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: 12 approved townhome units with permits in place: **Ready to build.**; Partial civil work complete (approximately 50%): Reduces development timeline and upfront costs.; Approved plans for 6 duplex‑style buildings: Each with 3 bedrooms, private balcony and a 2‑car garage.
(480) 778-1555 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message