AZ > Phoenix > Papago Addition 3
Phoenix, AZ 85008,412 N 52ND Street #28
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James Lessa

James Lessa

+1(480) 848-9716
$675,000
Est. payment /mo
0.9 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Papago Addition 3

MLS Listing ID 6744417

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $4,984

Tax Year 2023

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions Irregular

Property Description

Prime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.

Location

State AZ

County Maricopa

Community Papago Addition 3

Zoning R-4

Exterior

Topography Level

Building

Sewer Sewer - Available

Water City Franchise

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 125-05-029-B

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Owner/Agent

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Arizona Regional MLS (ARMLS)

Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by MCO Realty

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agent

James Lessa

Team Lead & Sr. Mortgage Broker | License ID: SA714546000 | NMLS 629922

+1(480) 848-9716

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412 N 52ND Street #28