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    8910 8Th St Phoenix, AZ 85020

    Sponsored
    For Sale
    Contact for pricing

    Prime Phoenix location, multifamily potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a substantial 25,132 square foot parcel of land ideally suited for multifamily development. Located at 8910 N 8th St, Phoenix, Arizona, 85020, in Maricopa County, this property (APN 160-03-077C) offers significant potential for developers seeking to capitalize on the thriving Phoenix real estate market. The expansive lot size provides ample space for a substantial multifamily project, catering to the growing demand for residential units in this dynamic area. The property's classification as both commercial and multifamily allows for a range of development possibilities, from apartments to mixed-use projects. Its strategic location within Phoenix offers easy access to major transportation routes, amenities, and employment centers, making it an attractive proposition for future residents. This is a rare chance to acquire a sizable land parcel in a prime location, presenting a compelling investment opportunity with considerable upside potential. Detailed site plans and zoning information are readily available upon request. Serious inquiries only. The latitude and longitude coordinates are 33.566696 and -112.063179 respectively.

    Property Features for 8910 8Th St

    General Information

    Property type
    Multifamily properties

    HighLights

    • 25,132 square foot lot ideal for multifamily development in Phoenix, AZ.
    • Located at 8910 N 8th St, Phoenix, AZ 85020 (APN 160‑03‑077C).
    • Zoned for commercial and multifamily use, offering diverse development options.
    • Prime location with easy access to transportation, amenities, and employment centers.
    • Significant upside potential in a thriving Phoenix real estate market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Acacia Townhomes Housing Development

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.063179
    Latitude
    33.566696

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    FAQs

    What type of property is this?
    Multifamily property - Prime Phoenix location, multifamily potential.
    Where is this multifamily property located?
    The property is located at 8910 8Th St Phoenix, AZ.
    What are key features of this property?
    This property features: 25,132 square foot lot ideal for multifamily development in Phoenix, AZ.; Located at 8910 N 8th St, Phoenix, AZ 85020 (APN 160-03-077C).; Zoned for commercial and multifamily use, offering diverse development options.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8910 8Th St Phoenix, AZ 85020
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