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    OFF-MARKET
    Land

    3715 Laurelhurst Ave, Phoenix, AZ 85019

    1.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.25-acre parcel in Phoenix, AZ (APN 145-13-300), is zoned R2 and offers a remarkable opportunity to develop eight single-family homes. The property boasts a highly desirable location near Grand Canyon University, ensuring strong demand and potential for significant return on investment. Utilities are already in place, including water hydrants, with sewer and water lines conveniently located nearby. Each of the twelve individual lots (APN numbers 145-13-308, 145-13-306, 145-13-305, 145-13-304, 145-13-303, 145-13-302, 145-13-300, 145-13-309, 145-13-301, 145-13-307, 145-13-299, and 145-13-310) comes with its own APN, simplifying the development process. This fee simple ownership provides complete control and flexibility. The asking price for this ready-to-build land is $1,350,000. Prospective buyers are advised to independently verify all information deemed material to their purchase decision. This represents a unique opportunity in a rapidly growing area with excellent potential for future appreciation. Don't miss this chance to capitalize on the thriving Phoenix real estate market.

    Property profile
    Verified
    Property type Land
    Lot 1.25 ac (54,450 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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