Cross-streets: 16th Ave & Dobbins near South Mountain
APN: 300-52-004-W
Access: Call/ E-mail/Text for Access

Former house details – House has been scraped:

• 4 Beds / 3 Baths; 4,376 s.f.
• 89,496 s.f. (2.1 Acres)
• 2001 Built
• ARVE: $850,000
• $1.2mil ( As SFR current s.f.)

Lot Details – Currently scrap vacant lot:

• Zoned R1-10
• On Septic / Tie in to sewer in front house
• City water and SRP for Electric
• Can possibly get 6 lots (Lennar Homes has 6,000 s.f. lots with 2,500 s.f. homes selling for 530k)
• In the process of doing Lot Split into 3 lots (half acre lots)
• Houses across street 700k – 1.2 mil

Purchase Price Details:

• You can do 2 Separate 1 acre lots
• Selling lots As Is : $490k
• If 3 lot splits: $175k per lot and that will total to $525k

Comps :

• 10311 S 18TH AVE, Phoenix, AZ 85041 – SFR – Sold for 1.1 mill – 4000 s.f. – 18,000 s.f. lot – COE – 11/23
• 2411 W OLNEY AVE, Phoenix, AZ 85041 – 1 acre Lot – Active at 264k