3155 E SOUTHERN Avenue 38, Phoenix, AZ 85040

$2,750,000
Property Type: Land Lot Size (sq. ft.): 384,756 Status: Closed
Current Price: $2,750,000 List Date: 8/27/2019 Last Modified: 2/05/2025

Overview

Description

HARD CORNER in South Mountain area of Phoenix for sale! 8.83 acres of land. Approximately 745 feet of frontage along Southern Ave. and 500 feet along 32nd St. Traffic count is almost 50,000 vehicles per day! One mile to I-10. Excellent opportunity for commercial or multi-family project. The South Mountain area of Phoenix has one of the best new home sales areas in the valley. High employment corridor along I-10. Sky harbor Airport is within several miles. Arizona State is within 10 minutes. Downtown Phoenix is 15 minutes. Seller has surveys, soils reports, and other due diligence material.

Listing Details MLS# 5970340

Location, Tax & Legal

Map Code/Grid
R35
House Number
3155
Compass
E
Street Name
SOUTHERN
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Country
US
County Code
Maricopa
Assessor Number
122-83-010-A
Subdivision
BARTLETT HEARD LANDS LOT 65 SEC 30, 1N 4E
Tax Year
2018
Lot #
38
Assessor's Map #
83
Legal Description (Abbrev)
BARTLETT-HEARD LANDS MCR 13-35 TH PT OF E 230F OF LOT 38 LYING WI-IN 233F OF MON LN SOUTHERN AVE EX
Assessor's Parcel #
10
Assessor Parcel Ltr
A
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
116203
Taxes
12982

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
8.83
Apx Total Acres G/N
N
Price Per Acre
317100.79
Apx SqFt
384756
Price Per SqFt
7.28
Apx SqFt G/N
N
Lot Size Dimensions
715 x 590
Zoning
S-1

Remarks Misc

Cross Street
Southern Avenue & 32nd Street
Directions
Southwest corner of Southern Ave. & 32nd St.

Status Change Info

Off Market Date
2020-12-30
Under Contract Date
2020-05-15
Close of Escrow Date
2020-12-30

Legal Info

Township
1N
Range
3E
Section
35
Lot Number
38

More Information

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Fixed
Buyer Concession $/%
$
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

Owner/Agent
Yes

Pmt & Rate Info

Equity
2650000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Showing Notification Methods

No Notification Required to Show
Yes

Lockbox Type

None
Yes

Existing Land Use

Residential Acreage
Yes
Farm
Yes

Zoned Presently

Rural
Yes

Potential Use

Single Family
Yes
Multi-Family
Yes
Commercial
Yes
Office
Yes
Retail
Yes

Parcel Size

5.00 - 9.99 Acres
Yes

Development Status

Prelim Eng Included
Yes

Land Features

Dual Street Ftg
Yes

Land Configuration

Square Rectangular
Yes

Traffic Count

35,001 to 50,000
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes
1031 Exchange
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

On Property
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

On Property
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Soil Test
Yes
Seller Prop Disc Stm
Yes
ALTA Survey Alba
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Phase I Available
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Acreage; Farm Zoned Presently: Rural Potential Use: Single Family; Multi-Family; Commercial; Office; Retail Parcel Size: 5.00 - 9.99 Acres Development Status: Prelim Eng Included Land Features: Dual Street Ftg Land Configuration: Square Rectangular Traffic Count: 35,001 to 50,000 Topography: Level Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: On Property Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; 1031 Exchange Environmental: Phase I Available Showing Notification Methods: No Notification Required to Show Lockbox Type: None
IDX
Listing Office: Realty ONE Group
Last Updated: February - 05 - 2025
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