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353 - 361 N 4th Avenue - VACANT LAND - DP PHX HIGH RISE ZONING OVERLAY, Phoenix, AZ

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353 - 361 N 4th Avenue - VACANT LAND - DP PHX HIGH RISE ZONING OVERLAY

Phoenix, AZ 85003 - Downtown Submarket


Property Type:Land Parcel Size:.52 Acres
Zoning:DTC-VAN 2
For Sale Price:$1,462,500 Price/Acre:$2,831,559 Price/SF:$65.00

Topography:Level
Proposed Use:Commercial, Office, MultiFamily, Apartment Units, Apartment Units - Condo, R&D, Storefrnt Retail/Residntl

On-Site Improv:Previously developed lot



Sale Notes:
PROPERTY
Unique opportunity to acquire 22,500 sqft vacant parcel of high density commercial LAND in DOWNTOWN PHOENIX directly across the street from City of Phoenix RFP. The parcel is currently vacant and commercially zoned with DTC-VAN high-rise (with 250 foot height restriction) overlay which allows for dense construction of various types of commercial product.

LOCATION
Downtown Phoenix is the strongest and most actively developing submarket in the entire Phoenix metro area with over a dozen of commercial projects currently under construction within a mile radius. The subject property is located directly across the street from City of Phoenix RFP for master planned community with retail and commercial components. Subject property is also conveniently located short walking distance from multiple landmarks including the Arizona State University Downtown Campus, US Airways Arena, University of Arizona Cancer Research Center and the T-Gen Biomedical Campus. Well-developed network of freeways and city streets allows for quick and convenient access to all parts of the Valley including Sky Harbor Airport, Downtown Tempe and Scottsdale.

US Investment Realty, LLC
Alan Robinson
(480) 344-1741




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