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Shovel-Ready Multifamily Development

320 East Hatcher Road Phoenix, AZ 85020

320 East Hatcher Road, Phoenix, AZ, 85020
$695,000
For Sale
$695,000

Shovel-ready, fully approved 20-unit multifamily project with planned parking and a mix of unit types.

Property Size16,396 SF
Price / SF$42.39
Days on Market102

Property Features for 320 East Hatcher Road

General Information

Standard status
Active
Size
16,396 SF
Property subtype
Multiple Dwellings

Building Details

Year Built
2026
Listing agency Grayson Real Estate
Listed by Keith Grayson · License #BR636932000
Source Compass
Added: Apr 13 Updated: Jul 22 at 1:16PM Checked: Jul 22 at 1:16PM

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, fully approved 20-unit, two-story multifamily development is zoned R-5 High Density Multi-Family. The plan set conveys with the sale, and the project is awaiting a developer to pull permits. Planned unit mix includes 4 three-bedroom/two-bath homes, 6 two-bedroom/two-bath homes, 2 one-bedroom/two-bath homes, and 8 studios.

The property is located within the Hatcher District Overlay, which allows restaurants, office, and retail within new developments. Parking is planned with 10 garages and 20 additional surface spaces.

The development totals 16,396 square feet, with parking and unit configurations designed for the completed project.

Key Highlights

  • Shovel‑ready, fully approved 20‑unit, 2‑story multifamily project (Year built: 2026) with plan set conveying with sale
  • Includes 10 garages plus 20 additional surface parking spaces
  • Unit mix: 4 three bed/2 bath, 6 two bed/2 bath, 2 one bed/1 bath, and 8 studios

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Hair Salon Nail Salon Daycare Center Computer & Electronic Repair Spa & Massage Center Hotel & Motel Furniture & Home Goods (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Shovel-ready, fully approved 20-unit multifamily project with planned parking and a mix of unit types.
Where is this apartment building located?
The property is located at 320 East Hatcher Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Shovel‑ready, fully approved 20‑unit, 2‑story multifamily project (Year built: 2026) with plan set conveying with sale; Includes 10 garages plus 20 additional surface parking spaces; Unit mix: 4 three bed/2 bath, 6 two bed/2 bath, 2 one bed/1 bath, and 8 studios
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