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Property profile & analytics
OFF-MARKET
Commercial real estate

602 Dobbins Rd Phoenix, AZ 85041

1.7 ac lot
Property ID
US07-1290063
Property summary
AI-generated overview

Exceptional 1.7-acre development opportunity in Phoenix, AZ, located at 602 W Dobbins Rd, 85041. This property boasts R1-6 zoning, allowing for various residential development options, including up to 5-6.5 units per acre on minimum 6,000 sq ft lots. Its prime location offers unparalleled access to Downtown Phoenix, Sky Harbor International Airport, and major freeways (I-10, US60, Loop 202), enhancing connectivity and accessibility. Situated in the gentrifying South Mountain area, near the Baseline Corridor, this picturesque land offers stunning views of South Mountain Park and Preserve. The area is experiencing significant growth, with a diverse population and a range of amenities, including major retailers (Walmart, Target, Walgreens, etc.), banks, restaurants, and medical facilities. The property's proximity to major employment corridors in Southwest Phoenix and the East Valley further enhances its investment potential. Phoenix's thriving economy, warm climate, and abundance of outdoor recreational opportunities contribute to a high quality of life, making this a compelling investment for residential development. The property's APN is 300-44-025. The asking price is $799,000.

Property profile
Verified
Property type Commercial real estate
Lot 1.7 ac (74,052 SF)
APN 300-44-025
UPID US07-1290063
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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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