Viewing Listing MLS# 7042737
$399,000 | N/A beds | N/A full baths | N/A half baths | N/A sqft
Phoenix, AZ 85040
- N/ABeds
- 0.00Total Baths
- N/ASqFt
- N/AYear Built
- 0.44Acres
- N/AEst Age
- MLS# 7042737
- Land
- Land
- Active
- Approx Time on Market3 days
- AreaN/A
- CountyMaricopa
- Subdivision Bailie Sub
Overview
Excellent development opportunity near the Valley Metro light rail B Line. This oversized 0.44-acre lot measures approximately 110 feet by 174 feet and is zoned R-5, one of Phoenix's higher-density multifamily residential zoning classifications. R-5 zoning may accommodate apartments, condominiums, townhomes, attached housing, or multiple residential units on a single property, subject to City of Phoenix approval, development standards, parking, setbacks, access, and site-plan requirements. The city's published zoning guidance identifies a base multifamily density of approximately 43.5 dwelling units per gross acre, with potential density bonuses available for qualifying developments. Utilities are already located on or adjacent to the property, including an electric pole at the northwest corner, a water meter at the sidewalk, and a capped sewer line near the tree and pedestrian gate, identified by a concrete block. The property is enclosed by a block fence and offers a compelling opportunity for a multifamily infill project, income-producing development, or custom residential concept in a transit-accessible location. Buyer to independently verify zoning, density, utilities, lot dimensions, development feasibility, and all information material to the buyer.
Agriculture / Farm
Association Fees / Info
Hoa: No
Bathroom Info
Exterior Features
Fencing: Block
Garage / Parking
Interior Features
Lot Info
Lot Size Units: Acres
Lot Size: 110*174
Topography: Level
Lot Sqft: 19178
Other
Special Listing Conditions: N/A
Other Structures: None
Other School Info
Property Info
Road Surface Type: Asphalt, Curb(s) & Gutter(s), Sidewalk(s)
Zoning: R5
Possible Use: Single Family,Multi-Family
Tax Info
Tax Legal Description: LOT 3 BAILIE SUB MCR 003032
Tax Amount Annual: 621
Unit Info
Unit: 3
Utilities / Hvac
Water Source: City Franchise
Electric: SRP
Sewer: Sewer-In & Connected, Sewer - Available, Public Sewer
Waterfront / Water
View: City
Listings courtesy of Exp Realty
MLS# 7040697 
