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Property profile & analytics
OFF-MARKET
Commercial real estate

11922 123Rd Way Scottsdale, AZ 85259

Property ID
US07-2470891
Property summary
AI-generated overview

This exceptional 39,058 sq ft lot in Scottsdale's gated Canyon Ridge subdivision presents a unique opportunity. Priced at $1,250,000, this fee-simple property boasts panoramic views of the McDowell and Camelback Mountains. The sale includes already approved plans for a stunning 4,509 sq ft, single-story home featuring 5 bedrooms, 5.5 bathrooms, and a 4-car garage. A building permit is in place, making this a truly "shovel-ready" opportunity. All utilities are connected to the property. Conveniently located near Lost Dog Trailhead, Anasazi Elementary School, and minutes from Basis High School, Mayo Clinic, the Arizona Culinary Institute, and numerous golf courses. Importantly, while situated within a gated community, this lot is not subject to HOA fees, offering unparalleled freedom and flexibility. The R-10 residential zoning ensures compliance and ease of construction. APN: 217-44-362. Don't miss this chance to build your dream home in a prime Scottsdale location, saving valuable time and effort with pre-approved plans and permits.

Property profile
Verified
Property type Commercial real estate
APN 217-44-362
UPID US07-2470891
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
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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