$800,000
$875,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
31426 N 16TH Street #34 Phoenix, AZ 85006
0.68 Acres Lot
Key Details
Sold Price $800,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Clovis Place
MLS Listing ID 6681845
Sold Date 11/25/24
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $5,000
Tax Year 2023
Lot Size 0.677 Acres
Acres 0.68
Property Description
Close to 30,000 sf four contiguous lot assemblage that is perfectly positioned. 314, 318, 322, 324 N. 16th St make up the package. Located next to the Historic Garfield District at 16th St/Van Buren St. Commercial use or development play or both. Each lot is 7368 sf with a total of 29,472 sf. Attractive Seller Financing Possible. The lots are surrounded by alleyways on two sides. Strong traffic numbers on a high visibility street for this development opportunity in the middle of it all. The site is close to Downtown Phoenix (1.5 miles), the Downtown ASU Campus (1 mile), and Sky Harbor Airport (2.3 miles). Used car lot most recent use. Could lease out for income and/or develop, providing flexibility. Gentrification is in full swing.
Location
State AZ
County Maricopa
Community Clovis Place
Zoning G-C
Exterior
Fence Block, Chain Link, Partial
Topography Level
Building
Lot Description Other, See Remarks, East/West Exposure
Sewer Sewer-In & Connected, Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-18-055
Acceptable Financing Other (See Rmks), Seller May Carry, Conventional
Listing Terms Other (See Rmks), Seller May Carry, Conventional
Financing Carryback
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Bought with Non-MLS Office