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Viewing Listing MLS# 6732075

-
111 E Southern Avenue UNIT - Phoenix, AZ 85040 111 E Southern Avenue UNIT - Phoenix, AZ 85040 111 E Southern Avenue UNIT - Phoenix, AZ 85040
4 Photos
111 E Southern Avenue UNIT - Phoenix, AZ 85040 111 E Southern Avenue UNIT - Phoenix, AZ 85040 111 E Southern Avenue UNIT - Phoenix, AZ 85040 111 E Southern Avenue UNIT - Phoenix, AZ 85040
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$1,675,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft

$1,675,000 No Recent Price Change
111 E Southern Avenue UNIT -
Phoenix, AZ 85040
  • N/ABeds
  • 0.00Total Baths
  • N/ASqFt
  • N/AYear Built
  • 2.82Acres
  • N/AEst Age
  • MLS# 6732075
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  • Approx Time on Market1 year, 11 months, 3 days
  • AreaMaricopa
  • CountyMaricopa
  • Subdivision N/A

Overview

GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the south end. Please see the documents tabs for more information..



Agriculture / Farm

Association Fees / Info

Hoa:  No

Bathroom Info

Exterior Features

Garage / Parking

Interior Features

Lot Info

Lot Size Units:  Acres

Lot Size:  10X20X10X30 apx

Topography:  Level

Lot Sqft:  122926

Other

Special Listing Conditions:  Owner/Agent

Other School Info

Property Info

Zoning:  R5

Possible Use:  Multi-Family

Tax Info

Tax Legal Description:  PT NW4 NE4 BEG 845F E NW COR S 638F N LN SAN FRANCISCO CAN S 75D 13M W 203.75F N 690F E 197F

Tax Amount Annual:  13403

Unit Info

Unit:  -

Utilities / Hvac

Water Source:  City Franchise

Electric:  APS

Sewer:  Public Sewer

Waterfront / Water

Schools

Elem:  Roosevelt Elementary School

Directions

From 7th Street, West on Southern. Lot is on the South Side of the road, just to the left of the Insurance company.

Listings courtesy of My Home Group Real Estate  - [email protected]Broker Reciprocity

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On sedonadebnairrealestate.com since Fri, Jul 12th 2024
No Property History recorded for this listing.
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Broker Reciprocity No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Listing Courtesy of The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright © 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved. Information was last updated: 06-15-2026 5:00 PM EST .

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