412 N 52ND Street, 28, Phoenix, AZ 85008
$625,000
Property Type:
Land
Lot Size (sq. ft.):
39,204
Status:
Active
Current Price:
$625,000
List Date:
6/04/2025
Last Modified:
7/25/2025
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.
More Information MLS# 6744417
Contract Information
Current Price: $625,000
List Price: $625,000
Status: Active
List Date: 2024-08-15
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 412
Compass: N
Street Name: 52ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 6710
County Code: Maricopa
Assessor Number: 125-05-029-B
Subdivision: PAPAGO ADDITION 3
Tax Year: 2023
General Property Description
Apx Total Acres: 0.9
Apx Total Acres G/N: G
Price Per Acre: 694444.44
Apx SqFt: 39204
Price Per SqFt: 15.94
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Zoning: R-4
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: 52nd St. & Van Buren
Geo Lat: 33.452956
Geo Lon: -111.970833
Legal Info
Township: 1N
Range: 4E
Section: 5
Lot Number: 28
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Potential Use: Multi-Family; Commercial; Industrial
Parcel Size: .50 - .99 Acres
Current Density: 26 - 30 Units P/Acre
Development Status: Raw Land
Land Configuration: Irregular Shape
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Available
Electric: APS
Gas: SW Gas
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Lockbox Type: None
Listing Office: MCO Realty
Last Updated: July - 25 - 2025
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