4402 Black Canyon HwyPhoenix, AZ 85017

Property Details for 4402 Black Canyon Hwy

Lot size

0.56 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 0.56-acre lot, located at 4402 N Black Cyn Hwy, Phoenix, AZ 85017, presents a remarkable multifamily development opportunity. Zoned R5, this property allows for the construction of over 20 multifamily units, making it an ideal investment for developers seeking high-density residential projects. The land encompasses three individual lots totaling 24,393 square feet, providing flexibility in design and development. Situated in Maricopa County, this strategically located parcel is surrounded by existing apartment complexes, indicating strong market demand and established infrastructure. The asking price is $499,998. This prime location in Phoenix offers easy access to major transportation routes, amenities, and a thriving community. The property's R5 zoning ensures a straightforward permitting process for multifamily development. With its significant size and advantageous zoning, this land presents a compelling investment opportunity with substantial potential for return. The coordinates are 33.5005 latitude and -112.113411 longitude. Don't miss this chance to acquire a highly desirable development site in a rapidly growing area.

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.5005

Longitude

-112.113

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