32600 N 29 Avenue Unit *, Phoenix, AZ 85086
- $10,250,000
- List Price
- $10,250,000
- Days on Market
- 25
- Status
- ACTIVE
- MLS#
- 7067435
- City
- Phoenix
- Lot Size
- 561,924
Property Description
Prime turnkey Apartment/Senior Living development site directly east of Taiwan Semiconductor's $ 268 Billion investment to build 10 Semiconductor factories. The street( 29 av ) is paid for. Sewer fee of $140,000 due at close of escrow. Zoned for 344 units. This site plan shows 310 units. The Developer rezoned site and now doesn't want to close. Borders Skunk Creek Wash on the west. The city's impact fee is approximately $ 18,500 per unit. Come join the global semiconductor hub of North Phoenix along with Halo Vista. 303 Freeway is 3/4 miles south. Located in the City of Phoenix North Gateway Core. Before rezone, property was under a grazing lease to keep taxes low. Listing broker is a part owner of site. Sale subject to cancellation of existing escrow.
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Additional Information
- Acres
- 12.90
- Electric
- APS
- Lot Size
- 561,924
- New Financing
- Cash
- Lot Features
- Adjacent to Wash
- Taxes
- $13
- Tax Year
- 2024
- Water
- City Franchise
- Zoning
- C-2 DNS/WVR& FH
Courtesy of Prestige Realty. 602-944-2100
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