PROPERTY DESCRIPTION

Incredible opportunity to purchase improved 1.7 acres in the gentrifying South Mountain area. Zoned R1-6 allowing for 5 to 5.5 or 6.5 w/bonus on 6,000 SF minimum lots, this property has great development potential. Excellent Location 1 mile south of the robust Baseline Corridor, minutes to the Downtown Phoenix, Airport, South Mountain and Southwest Phoenix major employment corridors. This property is just over a mile away from the future light rail extension at Central & Baseline. Easy access to Sky Harbor, ASU, I-10 & US60. Owned by the same family for over 26 years. Utilities in and connected. Although there is an existing functional house filled with charm, a 500+ sqft studio and a 100+ sqft work shed onsite that has been used for art gallery shows and as an artists local residence, the properties highest and best use may be to subdivide and increase density or rezone and build multi family, senior living, storage units or do a mixed use project. The City of Phoenix encourages various housing options and there may be a variety of incentives and opportunities to explore mixed income housing developments through participation in subsidy or tax credit programs, streamlined application, zoning and permitting processes, state and federal funding. Contact the city of Phoenix for more information. Property is being sold As-Is. Buyer shall independently investigate zoning, boundaries, services, data and any other information of material fact for buyers intended use to their satisfaction. All measurements are approximate.