412 N 52nd Street Unit 28, Phoenix, AZ 85008

$499,999
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List Price
$499,999
Status
ACTIVE UNDER CONTRACT
Days on Market
205
MLS#
6988051
Subtype
Land
Lot Size
39,204
Acres
0.90
Subdivision
Papago Addition 3
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541.292.4444

Property Description

Prime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.

541.292.4444
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Additional Information

Taxes
$5,346
Zoning
R-4
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Listing courtesy of MCO Realty.

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