$6,500,000
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11.79 Acres Lot
SOLD DATE : 04/27/2020
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5953013
Sold Date 04/27/20
HOA Y/N No
Annual Tax Amount $210
Tax Year 2018
Lot Size 11.785 Acres
Acres 11.79
Lot Dimensions +/- 580x110x245x564x30x376x410x14x208x14x431
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
This property consists of 513,363 SF (11.79 acres) of multifamily and commercially-zoned raw land, located in the heart of Chandler. The commercial zoning runs along Arizona Avenue, with the rest of the property zoned for multifamily. The East Valley of Phoenix has been the primary driver of development growth in recent years and the Phoenix MSA is now predicted to be the number one city in terms of residential development growth in 2017. The property has 785' of street frontage along Arizona Avenue and has 640' of street frontage along Germann Road. The property is one mile from the Loop 202, which provides great accessibility to the rest of the Valley and within close proximity to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler Municipal Airport.
Location
State AZ
County Maricopa
Area Maricopa
Zoning C-2 & M-3
Direction Located 1 mile from Loop 202 and close to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler-Gilbert Community College, and the Chandler Municipal Airport.
Interior
Flooring Flooring
Exterior
Fence None
Private Pool No
Building
Sewer Other
Water See Remarks, Other
New Construction No
Others
Senior Community No
Tax ID 303-27-017-W
Acceptable Financing Other (See Rmks)
Disclosures Other (See Rmks)
Listing Terms Other (See Rmks)
Financing Other
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Bought with Sperry Commercial
