0 Swc Shira Sr & Granada DrEloy, AZ 85131

This exceptional 0.35-acre lot presents a remarkable investment opportunity in the thriving Toltec area of Eloy, Arizona. Located at the southwest corner of Shira Street and Granada Drive, this parcel is zoned R-3 by the City of Eloy, permitting the development of multi-family residential units at a density of 10-24 units per acre. The property's convenient location near the Maricopa Casa Grande Highway ensures easy access to major transportation routes, enhancing its appeal for potential residents. All utilities are readily available at or near the property, streamlining the development process and minimizing infrastructure costs. This makes it an ideal site for a new apartment complex, capitalizing on the burgeoning workforce in Pinal County. The property's APN is 403-02-153, and it is owned by an investment LLC. The asking price for this promising investment is $42,900. This land offers significant potential for substantial returns, making it an attractive proposition for discerning investors seeking to participate in the growth of this dynamic region. The property is situated in Pinal County, Arizona, with a zip code of 85131. Its coordinates are 32.795729 latitude and -111.620378 longitude.