Phoenix,  AZ

1417 E CINNABAR AVE

R3 LAND NORTH CENTRAL PHOENIX

This vacant parcel of land is well located in a central residential area of North Central Phoenix. Close to infrastructure with easy proximity to transportation and major arterial route access.

Ideally suited for a multifamily development, the parcel  is currently zoned R-3 allowing approximately 24 units (based on a density waiver approval April 2007),  however due to surrounding developments and area demographics, a rezone to high density could prove favorable with the City due to strong current demand for affordable housing in the central Phoenix corridor. Seller is open to reasonable offers and land use proposals to deliver mutual wins on this rare central land opportunity.

NUMBER OF PARCELS

2

ZONING

R3

SIZE

1.95 AC

PRICE

$975,000

STAY REAL ESTATE INTELLIGENT