320 E Hatcher Road 6, Phoenix, AZ 85020

New Listing
$649,000
Property Type: Land Lot Size (sq. ft.): 38,315 Status: Active
Current Price: $649,000 List Date: 10/28/2026 Last Modified: 10/28/2026

Overview

Description

R-5 Zoned for High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. Shovel ready, fully approved project awaiting a developer to pull permits for a 20 unit 2 story development with 10 garages and 21 additional surface parking spaces. However, there is also a previously approved 24 unit 3 story project that has the following floor plans: 14 three bed/two bath, 6 two bed/one bath, and 4 one bed/one bath. The development consists of 24,324 square feet of living space. Both plan set conveys with sale.

Listing Details MLS# 7099663

Location, Tax & Legal

House Number
320
Compass
E
Street Name
Hatcher
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85020
Zip4
2536
Country
US
County Code
Maricopa
Assessor Number
159-45-141
Subdivision
TENGEN PLACE ADDITION
Tax Year
2025

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.88
Apx Total Acres G/N
N
Price Per Acre
737500
# Lots in Listing
Yes
# Units Allowed
35
Apx SqFt
38315
Price Per SqFt
16.94
Apx SqFt G/N
G
Lot Size Dimensions
218 x 175
Horses
N
Zoning
R-5
Flood Zone
No
Elementary School District
Washington Elementary School District
High School District
Glendale Union High School District
Elementary School
Sunnyslope Elementary School
Jr. High School
Sunnyslope Elementary School
High School
Sunnyslope High School

Remarks Misc

Cross Street
Hatcher and 3rd Street
Directions
From AZ-51 and Northern Avenue, West on Northern, North on 7th Street, West on Hatcher to property.

Legal Info

Township
3N
Range
3E
Section
29
Lot Number
6

Distance To Street

Distance To Street Comments
16 Feet

More Information

Showing Notification Methods

Showing Service
No Showing Service Used

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage Zoned Presently: Multi-Family; Commercial Potential Use: Multi-Family; Commercial; Retail Parcel Size: .50 - .99 Acres Current Density: 16 - 20 Units P/Acre; 21 - 25 Units P/Acre; 26 - 30 Units P/Acre; 31 - 35 Units P/Acre; 40+ Units P/Acre Proposed Density: 16 - 20 Units P/Acre; 21 - 25 Units P/Acre; 26 - 30 Units P/Acre; 31 - 35 Units P/Acre; 40+ Units P/Acre Development Status: Raw Land; Subdivision Plat Apv; Plans Available; Plans Included; Prelim Eng Included Land Features: Curb(s) & Gutter(s); Sidewalk(s); North/South Exp View: City Lights; Mountain(s) Elevation: Sea Level 1,000 Ft Elevation Source: Topo Survey Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: 5,001 to 15,000 Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: APS; Submetered System; Individual Meter Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property New Financing: Cash; Conventional; Owner May Carry; Wrap; 1031 Exchange Seller May Carry (SMC) Payment: Monthly; Interest Only; Balloon Environmental: Phase I Available Lockbox Type: None Fencing: Block; Chain Link
IDX
Listing Office: Grayson Real Estate
Office Phone: 602-418-2950
Office Email: keith@phxeco.com
Last Updated: October - 28 - 2026
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