412 N 52ND Street 28, Phoenix, AZ 85008

$275,000
Property Type: Land Lot Size (sq. ft.): 39,204 Status: Closed
Current Price: $275,000 List Date: 2/21/2026 Last Modified: 9/16/2026

Overview

Description

Prime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.

Listing Details MLS# 6988051

Location, Tax & Legal

House Number
412
Compass
N
Street Name
52ND
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
6710
Country
US
County Code
Maricopa
Assessor Number
125-05-029-B
Subdivision
PAPAGO ADDITION 3
Tax Year
2025
Lot #
28
Assessor's Map #
5
Legal Description (Abbrev)
LOT 28 PAPAGO ADDITION 3 MCR 005028
Assessor's Parcel #
29
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111203
Taxes
5346

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.9
Apx Total Acres G/N
G
Price Per Acre
555554.44
Apx SqFt
39204
Price Per SqFt
12.75
Apx SqFt G/N
G
Lot Size Dimensions
Irregular
Zoning
R-4
Elementary School District
Balsz Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
52nd St. & Van Buren

Status Change Info

Off Market Date
2026-09-16
Under Contract Date
2026-06-03
Close of Escrow Date
2026-09-15

Legal Info

Township
1N
Range
4E
Section
5
Lot Number
28

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Sold Info

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

Special Listing Cond

Owner/Agent
Yes

Pmt & Rate Info

Equity
499999
Total Owed
0

Assoc/Prop Info

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

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes

Potential Use

Multi-Family
Yes
Commercial
Yes
Industrial
Yes

Parcel Size

.50 - .99 Acres
Yes

Current Density

26 - 30 Units P/Acre
Yes

Development Status

Raw Land
Yes

Land Configuration

Irregular Shape
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes

Sewer

Sewer - Available
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

Under 350 Feet
Yes

Distance to Sewer

Under 350 Feet
Yes

Reports/Disclosures

ALTA Survey Alba
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family; Commercial; Industrial Parcel Size: .50 - .99 Acres Current Density: 26 - 30 Units P/Acre Development Status: Raw Land Land Configuration: Irregular Shape Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Available Electric: APS Gas: SW Gas Distance to Cable: Under 350 Feet 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 New Financing: Cash; Conventional Environmental: None Lockbox Type: None
IDX
Listing Office: MCO Realty
Last Updated: September - 16 - 2026
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