000 W 20th Ave. and Plaza Dr. - 290B, 290B, Apache Junction, AZ 85120 (MLS# 6583628)

000 W 20th Ave. and Plaza Dr. - 290B, 290B, Apache Junction, AZ 85120

$235,000

Property Type: Land Lot Size (sq. ft.): 33,636 Status: Closed

Current Price: $235,000 List Date: 1/30/2024 Last Modified: 5/08/2025

Description

Great location tucked in a well established friendly neighborhood, with a great mix of single family, adult and multifamily residence. Don't miss the chance to acquire this prime vacant land parcel zoned for multifamily development, allowing for up to 16 units. Yes that's right! Develop and build anywhere from one to sixteen units on this lot, or develop 3 fourplexes, creating 12 units for your investment portfolio, 40' feet high is the limit!. With a flat topography and ample space, the property offers flexibility in designing and constructing a desirable multifamily development that meets market demands. Utilities, Water, Sewer are nearby, waiting to be brought to the property. Additional parcel available to purchase to create 1.5 total acreage fwith same zoning. Please see MLS #657997

More Information MLS# 6583628

Contract Information

Current Price: $235,000 Sold Price: $235,000 Status: Closed List Date: 2023-07-21 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 000 Compass: W Street Name: 20th Ave. and Plaza Dr. - 290B St Suffix: -- City/Town Code: Apache Junction State/Province: AZ Zip Code: 85120 Country: US County Code: Pinal Assessor Number: 102-22-290-B Subdivision: SUPERSTITION VILLA Tax Year: 2022

General Property Description

Apx Total Acres: 0.77 Apx Total Acres G/N: G Price Per Acre: 363636.36 # Lots in Listing: 1 # Units Allowed: 16 Apx SqFt: 33636 Price Per SqFt: 8.32 Apx SqFt G/N: G Lot Size Dimensions: 102.71 x 329.44 Zoning: RM-2 Elementary School District: Apache Junction Unified District High School District: Apache Junction Unified District Jr. High School: Cactus Canyon Junior High High School: Apache Junction High School

Remarks Misc

Cross Street: Southern and Idaho Rd. Directions: Head West on Southern from Idaho, Turn North on Del Rio, Turn East on 20th Ave. Property on the left before Plaza Dr. Geo Lat: 33.396793 Geo Lon: -111.550972

Status Change Info

Status Change Date: 2024-01-30 Off Market Date: 2024-01-30 Under Contract Date: 2023-12-08 Close of Escrow Date: 2024-01-29 Sold Price: $235,000

Legal Info

Township: 01N Range: 08E Section: 29 Lot Number: 290B

Contact Info

List Agent Cell Phn2: (602) 668-8438

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Single Family; Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .50 - .99 Acres Current Density: 21 - 25 Units P/Acre Proposed Density: 00 - 01 Units P/Acre; 02 - 05 Units P/Acre; 06 - 10 Units P/Acre; 11 - 15 Units P/Acre; 16 - 20 Units P/Acre; 21 - 25 Units P/Acre Development Status: Raw Land; Off Site Imp Needed; On Site Imp Needed Land Features: North/South Exp; East/West Exposure View: Mountain(s) Vegetation: Natural Vegetation Land Configuration: Square Rectangular; Irregular Shape Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise; Private; See Remarks Sewer: Sewer - Public; No Sewer/Septic; Other Electric: SRP; None; Other (See Rmks) Gas: Other (See Rmks) Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: None Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry; 1031 Exchange Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None

Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: May - 08 - 2025