Property summary
This exceptional 18.93-acre parcel in Phoenix, Arizona, presents a unique opportunity for luxury residential development. Located at 3310 W Jomax Rd, near the intersection of 35th Avenue and W Mulholland Drive, this hillside property boasts picturesque views and a prime location in the rapidly growing North Valley. The property is zoned R1-18 (96%) / S-1 (4%), offering flexibility for high-end custom home construction. Its strategic location provides convenient access to the I-17 freeway, facilitating easy commutes throughout the Valley and to Northern Arizona. Furthermore, it's approximately 12 minutes south of the TSMC plant, benefiting from the economic growth in the area. The site's APN numbers are 205-03-005-A,C, 205-03-017, 205-03-016-A, B, and 205-03-015-A,B. The surrounding area exhibits a strong median household income of $107,727 within a 3-mile radius, indicating a high-demand market for luxury homes. This property is ideal for discerning developers seeking to capitalize on the area's growth and create an exclusive residential community. The asking price for this remarkable opportunity is $4,800,000.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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