404 S PENN Street 1, Eloy, AZ 85131

New Listing
$35,000
Property Type: Land Lot Size (sq. ft.): 12,084 Status: Active
Current Price: $35,000 List Date: 10/12/2026 Last Modified: 10/12/2026

Overview

Description

Looking for an opportunity to build in the fast-growing city of Eloy? Here it is! This property is currently zoned R-3, offering the potential to build a single-family home or a multi-unit residential property. Electricity, water, and sewer services are located less than 50 feet away. Whether you're looking to build your dream home or explore a residential investment opportunity, this property offers great potential! Check with the City of Eloy to verify zoning requirements, permitted uses, utility connections, and development options.

Listing Details MLS# 7092622

Location, Tax & Legal

House Number
404
Compass
S
Street Name
PENN
St Suffix
Street
City/Town Code
Eloy
State/Province
AZ
Zip Code
85131
Zip4
2449
Country
US
County Code
Pinal
Assessor Number
411-08-135-A
Subdivision
SUBURBAN TRACTS UNIT NO 2
Tax Year
2025

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.28
Apx Total Acres G/N
G
Price Per Acre
125000
# Lots in Listing
Yes
# Units Allowed
3
Apx SqFt
12084
Price Per SqFt
2.9
Apx SqFt G/N
G
Lot Size Dimensions
50X144
Horses
N
Zoning
R-3
Flood Zone
No
Elementary School District
Eloy Elementary District
High School District
Santa Cruz Valley Union High School District

Remarks Misc

Cross Street
S Sunshine Blvd & E Cedar St
Directions
South on Sunshine Blvd, right on E Cedar St, left on S Penn St to property on the right

Legal Info

Township
08S
Range
08E
Section
07
Lot Number
Yes

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family Parcel Size: .25 - .49 Acres Development Status: Raw Land Existing Structures: None Water Source: City Franchise Sewer: Sewer - Available Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable New Financing: Cash Environmental: None Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: None
IDX
Listing Office: Realty ONE Group
Office Phone: 480-321-8100
Office Email: ron.copus@realtyonegroup.com
Last Updated: October - 12 - 2026
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