$1,675,000
111 E SOUTHERN Avenue #-
- Listed
- Jul 12, 2024
- Since listed
- 798 days
- Lot
- 2.82 acre lot
Home highlights
- No HOA
About this home
GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development, approximately 120 units could be created. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned
From ARMLS
Property details
Systems & utilities
- Electric
- APS
- Sewer
- Public Sewer
- Water source
- City Franchise
Lot, exterior & construction
- Lot size
- 2.82 acre lot
Location
Explore the neighborhood
111 E SOUTHERN Avenue #-, Phoenix, AZ 85040
Map location is based on MLS coordinates. Verify the exact property location before visiting.
Schools
- Elementary
- Roosevelt Elementary School
School assignments can change and are not guaranteed. Please verify enrollment directly with the district.
Listing information
- Status
- Active
- MLS number
- 6732075
- Listed
- Jul 12, 2024
- Last updated
- Jan 13, 2026, 9:41 AM MST
- County
- Maricopa
- Tax year
- 2023
- Listing terms
- Cash
- Special conditions
- Owner/Agent
- Listing agent
- Roxy Westphal
- Listing brokerage
- My Home Group Real Estate
Listing courtesy of Roxy Westphal, My Home Group Real Estate · roxygirlsonfireaz@gmail.com.