Transwestern is pleased to present the exclusive opportunity to acquire the fee-simple interest in a ±15.32-acre infill site at 7th Street and Baseline Road in Phoenix, Arizona (the “Property”). Situated in one of Metro Phoenix’s most supply-constrained submarkets, the Property offers an outstanding development opportunity for multifamily, assisted living, or residential home builders to deliver a best-in-class project.
Currently vacant and free of improvements, the Property is zoned C-2 by the City of Phoenix, permitting a wide range of uses including medical, retail, office, multifamily, housing, and assisted living facilities. The seller is willing to provide a buyer with the necessary timeline to secure entitlements for their proposed development.