8026 S 24TH Street #29 Phoenix, AZ 85042
2.16 Acres Lot
UPDATED:
01/29/2025 06:33 PM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision South Mountain Acres 5-12, 22-29
MLS Listing ID 6812261
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $3,509
Tax Year 2024
Lot Size 2.164 Acres
Acres 2.16
Lot Dimensions NA
Property Description
opportunity in a fantastic location. The site has a preliminary plan
approved for 24 units but a developer could adjust it under the current
zoning to allow for a lower density, ''for-sale'' townhome or cluster
product or proceed with a high-density for-rent project. The site sits
close to the base of South Mountain offering beautiful views of, and
access to, the South Mountain Park. It is also walking distance to South
Mountain Community College as well as is minutes away from both
the popular Legacy and Raven Golf Courses. Its close proximity to the
Airport (less than 15 minutes away) as well as to Downtown Phoenix
(less than 20 minutes away) make this a great location for residents to
enjoy all parts of the valley. This land investment is a multifamily development opportunity on
±2.16 acres of vacant land. It sits just south of the Baseline corridor in the popular South Mountain submarket. South of the Salt River, the South Mountain area is anchored by South Mountain Park, with extensive hiking trails and panoramic views from Dobbins Lookout. In the foothills are The Mystery Castle; a whimsical house with tours, the petite San Francisco Xavier Mission; built in 1940, in addition to several golf courses. Shopping plazas run the length of the otherwise residential area, with Phoenix Sky International Harbor Airport just minutes to the north. Beautiful mountain views are common to most developments in the area and this property is no exception, with the entrance to South Mountain Preserve being less than two miles to the south. The heart of downtown Phoenix is also just five miles north giving future residents access to all that downtown has to offer. The South Mountain submarket has long been popular with residents looking to live in a more rural-feeling area but still close to everything. With many dining, shopping, and entertainment options; as well as multiple freeway access points within minutes, this property will prove to be a phenomenal development opportunity in a phenomenal location.
Location
State AZ
County Maricopa
Community South Mountain Acres 5-12, 22-29
Zoning R3
Direction South on 24th Street to Property on the West Side of the Street, just south of the canal.
Building
Sewer Other
Water Other, City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 301-31-032-A
Acceptable Financing Other (See Rmks), Conventional
Listing Terms Other (See Rmks), Conventional
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