This vacant land parcel presents a rare development opportunity in the South Phoenix (85040)area — a location with strong redevelopment momentum just minutes from Downtown Phoenix and key transportation corridors. The subject site lies within a primarily residential and mixed-use corridor of East Chipman Road, positioned near a mix… Read More of single-family homes, multifamily properties, and redevelopment parcels. The surrounding area exhibits diverse housing types, ranging from traditional single-family lots to larger multifamily investment properties — reflecting increasing demand for urban-proximate infill land. Development Potential: Nearby parcels along Chipman Road have been marketed or traded as development sites for residential and multifamily projects, underlining the strong redevelopment potential of infill lots in this section of the 85040 zip code. Read Less
Courtesy of My Home Group Real Estate 480-685-2760
Listing Snapshot
Days Online
1
Last Updated
Property Type
Land
Lot Size
0.26 Acres
MLS Number
6962362
30 Days Snapshot Of 85040
$325k
-4%
(avg) sold price
13
-7%
homes sold
112
+1%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
0.26 acres, 11,274 sqft, "North/South Exp", "Adjacent to Wash"
Property
View: "City", Zoning: R3
Sewer
"See Remarks"
Taxes
Annual amount: $468, Lot: 1
Utilities
"Other (See Rmks)"
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