Shovel-Ready Multi-Family Development
For Sale
$674,900
320 E Hatcher Road 6, Phoenix, AZ 85020
Fully approved 20-unit, two-story multi-family plan set conveys and is ready for a developer to begin permitting.
Property Size16,396 SF
Price / SF$41.16
Days on Market124
Property Features for 320 E Hatcher Road 6
General Information
Standard status
Active
Size
16,396 SF
Total Parking Spaces
30
Property subtype
Lots/Land
Zoning
R-5
Additional Details
Multifamily Units
20
Taxes and HOA fees
Annual Taxes
$624
Building Details
Stories
2
Listing Agency:
Grayson Real Estate
(602) 418-0350
Listed By:
Keith Grayson · License #BR636932000
(602) 418-0350
Source:
Exitrealty
Added: Apr 21
Changed: Aug 8
Last Checked: Jun 27 at 5:49PM
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 Grayson Real Estate
Investment Insights
Based on property information with market context.
This shovel-ready project is a fully approved, two-story, 20-unit multi-family development with a plan set that conveys with the sale, awaiting a developer to pull permits. The unit mix includes 4 three-bedroom/two-bath residences, 6 two-bedroom/two-bath residences, 2 one-bedroom/two-bath residences, and 8 studios. Parking is designed with 10 garages and 20 additional surface parking spaces.
The site is zoned R-5 High Density Multi-Family and located within the Hatcher District Overlay. The overlay allows restaurants, office, and retail within new developments.
The development is listed as 16,396 square feet.
The site is zoned R-5 High Density Multi-Family and located within the Hatcher District Overlay. The overlay allows restaurants, office, and retail within new developments.
The development is listed as 16,396 square feet.
Key Highlights
- Fully approved 20‑unit, two‑story multi‑family project—plan set conveys and is ready for a developer to begin permitting
- Zoned R‑5 High Density Multi‑Family, within the Hatcher District Overlay that allows restaurants, office, and retail in new developments
- Unit mix: 4 three bed/2 bath, 6 two bed/2 bath, 2 one bed/1 bath, and 8 studios
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
1,939
Businesses Nearby
Explore this area
Business Placement
Demographics for 85020, AZ
34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully approved 20-unit, two-story multi-family plan set conveys and is ready for a developer to begin permitting.
Where is this residential land & home lot located?
The property is located at 320 E Hatcher Road 6 Phoenix, AZ.
What is the asking price?
The asking price for this property is $674,900.
What are key features of this property?
This property features: Fully approved 20‑unit, two‑story multi‑family project—plan set conveys and is ready for a developer to begin permitting; Zoned R‑5 High Density Multi‑Family, within the Hatcher District Overlay that allows restaurants, office, and retail in new developments; Unit mix: 4 three bed/2 bath, 6 two bed/2 bath, 2 one bed/1 bath, and 8 studios
