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Phoenix Land Development Opportunity
For Sale
Under Contract
$499,999

412 N 52ND Street, Phoenix, AZ 85008

LAND - Phoenix, AZ

Property SizeContact for details
Lot Size0.90 Acres
Days on Market199

Property Features for 412 N 52ND Street

General Information

Property type Land
Property subtype Other
Zoning R-4
Subdivision PAPAGO ADDITION 3
Elementary school district Balsz Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Standard status Active Under Contract
APN 125-05-029-B
Lot size 0.90 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 28 PAPAGO ADDITION 3 MCR 005028
Tax Annual Amount 5346
Legal Description LOT 28 PAPAGO ADDITION 3 MCR 005028
Listing Agency: MCO Realty
Listed By: John Gurczak
Added: Feb 21 Changed: Jun 3 Last Checked: Sep 8 at 6:06PM
MLS# 6988051

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property presents a development opportunity with a nearly 1 acre lot zoned R-4. The property is located directly off the Loop 202 and Van Buren in Phoenix, Arizona. The highest and best use of this lot is considered to be a 3-story apartment building. The current density allows for 29 units per acre. There is a potential opportunity to rezone to R-5 zoning, which could allow for 4 stories and increased density. Neighboring apartment complexes are zoned R-5.

Key Highlights

  • Prime development opportunity near Loop 202 & Van Buren.
  • R‑4 zoning allows for a 3‑story apartment building.
  • Potential to rezone to R‑5 for 4 stories & increased density.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Nail Salon Spa & Massage Center HVAC Service Daycare Center (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

535
Businesses Nearby

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
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?
Land - Nearly 1 acre R-4 zoned lot near Loop 202.
Where is this land located?
The property is located at 412 N 52ND Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Prime development opportunity near Loop 202 & Van Buren.; R‑4 zoning allows for a 3‑story apartment building.; Potential to rezone to R‑5 for 4 stories & increased density.
More about this property
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