412 North 52ND Street 28 Phoenix, AZ 85008

$595,000
0.90
Acres
$595,000
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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.

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.

Listed by:
MCO Realty

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Sep 29, 20253 mos agoPrice decreased30,000 (5%)$595,000
Jul 25, 20255 mos agoPrice decreased50,000 (7%)$625,000
Mar 19, 20259 mos agoPrice decreased75,000 (10%)$675,000
Feb 5, 202510 mos agoPrice decreased50,000 (6%)$750,000
Nov 25, 20241 yr agoPrice decreased100,000 (11%)$800,000
Aug 15, 20241 yr agoNew on market$900,000
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