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$1,295,000
Est. payment /mo
9,235 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6907196
HOA Y/N No
Annual Tax Amount $4,045
Tax Year 2024
Lot Size 9,235 Sqft
Acres 0.21
Lot Dimensions 70 x 132
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Exceptional development-ready lot located in the heart of Old Town Scottsdale, just blocks from the area's premier shopping, dining, and entertainment venues, including Scottsdale Stadium and Scottsdale Fashion Square. This highly desirable parcel is zoned Downtown (D/T), allowing for up to 50 units per acre and offering the potential to develop four or more luxury multi-family residences with dedicated parking.
The site benefits from multiple points of ingress and egress, providing flexibility in site planning and design. With the City of Scottsdale actively supporting higher-density residential development, this property presents an outstanding opportunity for investors seeking to capitalize on small-scale, high-quality multi-family projects in one of the Valley's most sought-after urban neighborhoods.
The site benefits from multiple points of ingress and egress, providing flexibility in site planning and design. With the City of Scottsdale actively supporting higher-density residential development, this property presents an outstanding opportunity for investors seeking to capitalize on small-scale, high-quality multi-family projects in one of the Valley's most sought-after urban neighborhoods.
Location
State AZ
County Maricopa
Zoning DT
Direction West on 1st St, property is on the S side of 1st.
Exterior
Private Pool No
Building
Lot Description North/South Exp
Sewer Public Sewer
Water City Franchise
New Construction No
Others
Senior Community No
Tax ID 130-25-021
Acceptable Financing Owner May Carry, Cash
Listing Terms Owner May Carry, Cash
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Listed by West USA Realty