Price:
$499,999
Lot Size Acres:
0.90
Lot Size SqFt:
39,204
Status:
Active Under Contract
Days on Website:
197
Courtesy of MCO Realty
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.
Open House
Property Details and Features
-
Disclosures
- ALTA Survey Alba
-
Listing
- Listing ID: 6988051
- Standard Status: Active Under Contract
- MLS Status: UCB (Under Contract-Backups)
- On market as of 2026-02-21
- 197 days on market
- Special Conditions: Owner/Agent
-
Location
- Subdivision: PAPAGO ADDITION 3
- County/Parish: Maricopa
-
Lot
- 0.9 acres
- Dimensions: Irregular
- Topography: Level
-
Schools
- Elementary School District: Balsz Elementary District
- High School District: Phoenix Union High School District
-
Sewer
- Sewer – Available
-
Taxes
- Additional parcels description:
- Parcel Number: 125-05-029-B
- Public Survey Range: 4E
- Public Survey Section: 5
- Annual Amount: $5,346
- Tax Book Number: 125.00
- Legal Description: LOT 28 PAPAGO ADDITION 3 MCR 005028
- Lot: 28
- Map Number: 5.00
- Parcel Letter: B
- Year: 2025
- Zoning: R-4
-
Utilities
- Water Source: City Franchise
- APS
Property Map
$499,999 – 412 N 52nd Street #28, Phoenix, AZ 85008
Street View
Market Trends for 85008, Phoenix, AZ
Nearby Schools
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive,
Scottsdale,
AZ
85260
Fax:
Request More Information
Brian Young PLLC
DPR Realty LLC
brian@07k.d98.myftpupload.com
Phone: 602-405-3949 Direct
Phone: 480-990-SOLD (7653)
8341 E Gelding Drive,
Scottsdale,
AZ
85260
Fax:
Schedule a Showing
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This content last updated on September 6, 2026 2:08PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.