For Sale
$1,300,000

4900 Tonopah Dr Phoenix, AZ 85308

Prime Residential Development Site, Stunning Views

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 4.59-acre hillside property in Glendale, Arizona, presents a unique development opportunity. Located at 4900 W Tonopah Dr, zip code 85308, within Maricopa County, this fee simple land boasts breathtaking views and significant advantages. The property is zoned RE-43, allowing for residential development, and is ideally suited for a residential community or church. Its strategic location offers convenient access to major employment corridors and the 101 Freeway, providing excellent visibility and connectivity. The site is situated near the intersection of 51st Ave and Tonopah Drive, where water and sewer services are available. While offering significant potential, it's important to note that this property is located within a Difficult Development Area (DDA) as defined by HUD. Further investigation into the DDA designation is recommended. The asking price for this remarkable parcel is $1,300,000. The APN numbers are 206-29-002S and 206-29-002T. The property's proximity to TSMC is also a key advantage, with a 15-minute drive time to the facility. Furthermore, the area boasts an average household income exceeding $120,000 annually. This presents a compelling investment opportunity for developers seeking a prime location with significant upside potential.

Property Details for 4900 Tonopah Dr

Property type
Land
Lot Size (sq. ft)
199,940 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.6718362
Longitude
-112.1653591
4900 Tonopah Dr, Phoenix, Arizona

FAQs

What type of property is this?
Land - Prime Residential Development Site, Stunning Views
Where is the land located?
The property is located at 4900 Tonopah Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4900 Tonopah Dr
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