32600 N 29 Avenue Unit *, Phoenix, AZ 85086

$10,250,000
List Price
$10,250,000
Days on Market
0
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.

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

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Prestige Realty.

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