Phoenix, AZ 85006,417 N 16th Street #-
Phoenix, AZ 85006,417 N 16th Street #-
Phoenix, AZ 85006,417 N 16th Street #-
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$4,650,000

Est.Price: ?

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Est. payment /mo

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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Arizona Regional MLS (ARMLS)
Listed by Insight Land & Investments
Bought with Insight Land & Investments
John Herkenrath

+1(310) 221-2910

johnherkenrath@epiquerealty.com

<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>

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