$4,650,000
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5.32 Acres Lot
SOLD DATE : 12/31/2021
Key Details
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6145867
Sold Date 12/31/21
HOA Y/N No
Annual Tax Amount $16,515
Tax Year 2020
Lot Size 5.320 Acres
Acres 5.32
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The Van Buren corridor from 7th St to Interstate 10 is currently a top
priority at the City of Phoenix as a revitalization project (street widening
and beautification, moratorium on car dealerships/automotive repair shops)
to enhance the overall area .
One of the largest vacant land parcels available in the downtown Phoenix
market, with all utilities to the property and all off sites completed.
Site has great access to Interstate 10 via interchanges at 16th St and
Washington St / Jefferson St.
The property is located with in an ''Opportunity Zone'' which offers
investors who reinvest capital gains monies in these areas to receive
reductions on capital gains taxes relative to the years of their investment.
Location
State AZ
County Maricopa
Area Maricopa
Zoning WU
Interior
Flooring Flooring
Exterior
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 116-17-157
Acceptable Financing CTL, Conventional
Disclosures None
Listing Terms CTL, Conventional
Financing Cash
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Bought with Insight Land & Investments

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