602 Dobbins Rd Phoenix, AZ 85041
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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