$1,700,000

Estimated payment $9,347/month

Total Views 3,568
2.08 Acres
$817,308 Price per Acre
90,605 Sq Ft Lot

About This Lot

This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units.
" Civil plans completed.
" Landscape plans completed.
" Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.

Listing Agent

Brian Rosella

Kidder Mathews License #BR557092000 Listed on: 02/19/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,270

Lot Details

  • 2.08 Acre Lot
  • Property is zoned R-3

Utilities

  • Natural Gas Not Available

Community Details

  • No Home Owners Association
  • 28Th Street Lofts Subdivision

Listing and Financial Details

  • Assessor Parcel Number 122-58-131

Property Details

Property Type

Land

Est. Annual Taxes

$3,270

Lot Details

2.08 Acres

Listing Details

  • Property Type: Land
  • Zoning: R-3
  • Tax Year: 2025
  • Lot Size Acres: 2.08
  • Subdivision Name: 28TH STREET LOFTS
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None

Utilities

  • Electric: SRP
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 126x37x130x175x199x199x214
  • Lot Size Sq Ft: 90604.0
  • Additional Parcels: No
  • Parcel #: 122-58-131

Tax Info

  • Tax Annual Amount: 3269.8
  • Tax Book Number: 122.0
  • Tax Lot: -
  • Tax Map Number: 58.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2026 02/19/26 For Sale $1,700,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6986821

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-58-131

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