Shovel-Ready Multi-Family Development
For Sale
$749,000
Pending
320 E Hatcher Rd Unit 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
Days on Market243
Property Features for 320 E Hatcher Rd Unit 6
General Information
Standard status
Pending
Size
16,396 SF
Total Parking Spaces
30
Property subtype
Land/Lot
Zoning
R-5
Site & Location
Neighborhood
North Mountain
Additional Details
Multifamily Units
20
Building Details
Stories
2
Listing Agency:
Grayson Real Estate
Listed By:
Keith Grayson · License #BR636932000
(602) 418-0350
Source:
Searchphxproperties
Added: Feb 25
Changed: Oct 25
Last Checked: Oct 24 at 5:14PM
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
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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
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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
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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 Rd Unit 6 Phoenix, AZ.
What is the asking price?
The asking price for this property is $749,000.
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
