170 E Monterey Way, -, Phoenix, AZ 85012
$257,900
Property Type:
Land
Lot Size (sq. ft.):
7,105
Status:
Closed
Current Price:
$257,900
List Date:
12/04/2024
Last Modified:
5/06/2025
Description
This opportunity consists of a ±7,105 SF parcel (zoned R-5), situated in Midtown Phoenix between Central Ave & 3rd St. This infill parcel is positioned perfectly for new construction for professional office or residential / multifamily uses. The surrounding area consists of similarly sized lots improved with small professional office / retail buildings, as well as much larger commercial multi-story office buildings, in-line retail centers / restaurants, and large multifamily product. The property is situated just west of 3rd St, which from Indian School to Roosevelt St is set to become a ''signature street that supports a live, work, play mixed-use district.'' This infill parcel is an excellent opportunity for office, medical office, or multi-family developers.
More Information MLS# 6790802
Contract Information
Current Price: $257,900
Sold Price: $257,900
Status: Closed
List Date: 2024-12-04
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 170
Compass: E
Street Name: Monterey
St Suffix: Way
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85012
Zip4: 2620
Country: US
County Code: Maricopa
Assessor Number: 118-34-060-A
Subdivision: Monterey Medical Plaza
Tax Year: 2024
General Property Description
Apx Total Acres: 0.16
Apx Total Acres G/N: G
Price Per Acre: 2000000
Apx SqFt: 7105
Price Per SqFt: 45.04
Apx SqFt G/N: G
Lot Size Dimensions: 70x100
Horses: N
Zoning: R-5
Flood Zone: No
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Central Ave and Osborn
Geo Lat: 33.485501
Geo Lon: -112.070899
Status Change Info
Status Change Date: 2025-05-06
Off Market Date: 2025-04-29
Under Contract Date: 2025-04-24
Close of Escrow Date: 2025-05-05
Sold Price: $257,900
Legal Info
Township: 2N
Range: 3E
Section: 29
Lot Number: -
Showing Notification Methods
Showing Service: No Showing Service Used
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot; Other (See Rmks)
Zoned Presently: Other (See Rmks)
Potential Use: Single Family; Multi-Family; Commercial; Office; Other
Parcel Size: .0 - .24 Acres
Water Source: City Franchise; Other; See Remarks
Sewer: Other
Electric: Other (See Rmks)
Gas: Other (See Rmks)
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: On Property
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
New Financing: Other (See Rmks)
Environmental: Other (See Rmks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Listing Office: R.O.I. Properties
Last Updated: May - 06 - 2025
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