7025 East Main Street
- Zoned RM-2 Pad
- Located in the Phoenix area
- Multifamily / Low-Rise/Garden investor opportunity
- Prime location for residential development
- Desirable neighborhood
- Close to amenities and services
- Proximity to major transportation routes
- Attractive investment potential
- Spacious land area for development
- Ideal for multifamily housing
- Potential for high rental demand
- Strong market demand for housing
- Flexible development options
Property Description
This 4 acres had the Zoning changed to RM-2 PAD ('PAD') to see into the future for a Residential use, probably MultiFamily. The ALTA land survey prepared for the Zoning change to RM-2 Pad needs to be reviewed. The Lutheran Church is splitting their church parcel and added a vacant lot that touches Main Steet to make up the 4 acres. See images (ask Listing Broker for a copy of the ALTA). Thomas Jefferson Elementary school is directly South of the PAD, the Eternal Life Lutheran Church is directly to the East of the PAD. Directly North across Main Street are approx 194 new Residential housing units currently in the construction phase. This direct area is undergoing a significant change by increasing more residents with attached money to spend.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,700,000 |
| Lot Size: | 4.00 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
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