10512 47Th Ln Phoenix, AZ 85339
This exceptional 54-acre site in Phoenix, Arizona's desirable Laveen area presents a remarkable development opportunity. Located at 10512 S 47th Ln, 85339, within Maricopa County, this property is zoned for single-family residential development and offers a significant advantage: it's shovel-ready. The land, encompassing between 9,000 and 15,000 acres, boasts a naturally sloping terrain, providing breathtaking mountain and city views from select lots. Approved plans allow for the creation of 91 buildable lots, making this a highly efficient and lucrative project. The property is owned by an LLC and benefits from existing improvements left by the previous owner, streamlining the development process and potentially reducing initial costs. Its convenient location in Laveen, combined with the stunning views and the potential for a substantial number of homes, makes this a truly exceptional investment opportunity. The latitude and longitude coordinates are 33.350755 and -112.160084 respectively. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.