4402 Black Canyon Hwy Phoenix, AZ 85017
- Commercial real estate
- 0.56 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 4402 Black Canyon Hwy
- Lot size
- 0.56 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.56-acre lot, located at 4402 N Black Cyn Hwy, Phoenix, AZ 85017, presents a remarkable multifamily development opportunity. Zoned R5, this property allows for the construction of over 20 multifamily units, making it an ideal investment for developers seeking high-density residential projects. The land encompasses three individual lots totaling 24,393 square feet, providing flexibility in design and development. Situated in Maricopa County, this strategically located parcel is surrounded by existing apartment complexes, indicating strong market demand and established infrastructure. The asking price is $499,998. This prime location in Phoenix offers easy access to major transportation routes, amenities, and a thriving community. The property's R5 zoning ensures a straightforward permitting process for multifamily development. With its significant size and advantageous zoning, this land presents a compelling investment opportunity with substantial potential for return. The coordinates are 33.5005 latitude and -112.113411 longitude. Don't miss this chance to acquire a highly desirable development site in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.113411
- Latitude
- 33.5005
