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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.
Listed by:
MCO Realty
Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)| Date | Days Ago | Event | New Price |
|---|---|---|---|
| Sep 29, 2025 | 3 mos ago | Price decreased30,000 (5%) | $595,000 |
| Jul 25, 2025 | 5 mos ago | Price decreased50,000 (7%) | $625,000 |
| Mar 19, 2025 | 9 mos ago | Price decreased75,000 (10%) | $675,000 |
| Feb 5, 2025 | 10 mos ago | Price decreased50,000 (6%) | $750,000 |
| Nov 25, 2024 | 1 yr ago | Price decreased100,000 (11%) | $800,000 |
| Aug 15, 2024 | 1 yr ago | New on market | $900,000 |