AZ
Maricopa
Phoenix
85040
111 E SOUTHERN Avenue -
111 E SOUTHERN Avenue -, Phoenix, AZ 85040
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Listing Type
Lots/Land
Listing Status
active
4
$1,750,000

Home Details for 111 E SOUTHERN Avenue -

Price
$1,750,000
Type
Land
Bedrooms
0
Bathrooms
0.0
Square feet
122926
Lot size acres
2.82
County
Maricopa
Garage
Days on site
432
Listing #
6732075
Listing Courtesy: My Home Group Real Estate - 480-685-2760
Property Description

GREAT OPPORUNITY AWAITS!! 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, hospice centers or group homes. In a planned residential development, approximately 120 units could be created. Mini-apartments could potentially include more units. 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..

Property Features
  • Water Features
    • Public
School Information
School Information for 111 E SOUTHERN Avenue -, Phoenix, AZ 85040
Elementary School
Roosevelt Elementary School
Middle School
N/A
High School
N/A
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Last Updated: 2025-07-11 14:00:44
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EXIT REALTY LIVING LEGACY
5010 E. Warner Rd. Suite 115, Phoenix, AZ 85044
Office
480 329 1571
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