355 S Nebraska Street -, Chandler, AZ 85225

$715,000

Property Type: Land Lot Size (sq. ft.): 59,084 Status: Closed

Current Price: $715,000 List Date: 11/06/2025 Last Modified: 2/12/2026

Overview

Description

Downtown Chandler Residential Development Opportunity! ±1.36 Acres of Vacant Land Zoned PAD (Chandler), 12 DU/AC, allowing for up to 16 Townhome Units. he site offers exceptional accessibility with close proximity to Loop 202, Loop 101, and US-60, while benefiting from strong surrounding demographics, a high daytime employment base, and a walkable environment rich with retail and dining options. Nearby, newer-construction townhome sales range from $455,000 to $515,000 per home, with an average annual household income exceeding $110,000 within a 1-mile radius. Chandler continues to face significant housing shortages, with a limited inventory of infill development options.

Listing Details MLS# 6943674

Location, Tax & Legal

House Number: 355
Compass: S
Street Name: Nebraska
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Country: US
County Code: Maricopa
Assessor Number: 303-07-008-K
Tax Year: 2024

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 1.43
Apx Total Acres G/N: G
Price Per Acre: 625874.13
Apx SqFt: 59084
Price Per SqFt: 15.15
Apx SqFt G/N: G
Lot Size Dimensions: 256x231
Horses: N
Zoning: PAD
Elementary School District: Chandler Unified District #80
High School District: Chandler Unified District #80
Elementary School: San Marcos Elementary School
High School: Perry High School

Remarks Misc

Cross Street: Arizona Ave & Frye Rd
Directions: For best directions use maps

Status Change Info

Off Market Date: 2026-02-12
Under Contract Date: 2026-01-07
Close of Escrow Date: 2026-02-11

Legal Info

Township: 1S
Range: 5E
Section: 33
Lot Number: -

More Information

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family; Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: 1.00 - 2.49 Acres Proposed Density: 16 - 20 Units P/Acre Development Status: Raw Land; Other; See Remarks Vegetation: Natural Vegetation Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: None Gas: Other (See Rmks) Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; 1031 Exchange Environmental: None Lockbox Type: None Fencing: Chain Link

Listing Office: Compass

Office Phone: 480-776-1555

Office Email: lexie.fabor@compass.com

Last Updated: February - 12 - 2026