Active
4028 S 12th Street
Phoenix AZ, 85040
$2,100,000
Active
Other
Built in 2025
Premier Location to build! Excellent development opportunity with shovel ready permits, plans and utility bonds for a 56 unit complex. Located in the Phoenix Opportunity Zone and the popular Central Phoenix Corridor, this large 1.946 acre lot is zoned R-4 and has utilities on site. Close to light rail expansion, public transportation, Downtown Phoenix venues and restaurants, the ASU medical center (under construction), the airport and many other lifestyle services. Approved site plans for four buildings with 40 one bedroom and 16 two bedroom floorplans. Each unit has their own private patio or balcony. Seller is open to seller financing or JV. Get creative.
6687803
MLSⓇ ID
April 6, 2024
Listed
February 20, 2025
Updated
Interior Features
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Roof
See Remarks
Sewer
Public Sewer
School Information
School District
Phoenix Elementary District
Other Property Details
Taxes
$1,041
Tax Frequency
Annually
Days on Market
304
Garage
No
Parking
None
Parking Total
0
View
No
County
Maricopa
Water Source
City Franchise
Pool
No
Zoning
R4
Courtesy of RE/MAX Solutions, Shelly Farley
Listing Contact: 480-694-1423
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Data Last Updated: 9:15 PM UTC, 2/20/2025.