4632 N 14th Pl - Wonderview at Highland 2.49 Acres of Residential Land Offered at $5,097,808 in Phoenix, AZ 85014
INVESTMENT HIGHLIGHTS
- Three (3) Large Contiguous Infill Land Parcels For Development (2.49 Acres)
- Approval include Two-Story Buildings or Structures up to 35' Tall
- Creative Seller Financing Available
- Zoned PUD (Mixed-Use Residential and Commercial)
- Extensive Due Diligence Materials can be made Available including ALTA Survey, Phase 1, Geotechnical Soils Report and Approved PUD Zoning Package
EXECUTIVE SUMMARY
Kocour Company is pleased to offer this commercial infill land opportunity located in heart of Phoenix, Arizona called Wonderview at Highland. This distinct offering includes three (3) large contiguous land parcels that total 2.49 gross acres located along Highland Avenue and 14th Place on the southwest corner.
The subject property went through an extensive rezone from R1-6 to now PUD which allows mixed-use with residential and commercial space. Specifically, approvals include two-story buildings or structures up to 35’ tall with 50% coverage with proposed residential on the south of the site and retail on the north of the site fronting Highland Avenue.
Located only 1.5 miles from The Biltmore Fashion Square and less than 5 miles from Sky Harbor Airport, Wonderview at Highland is truly centrally located. Surrounded by area amenities has increased the viability for pedestrian and mobility travel along Highland Avenue.
Extensive due diligence materials can be made available including an ALTA Survey, Phase 1, Geotechnical Soils Report, and approved PUD zoning package.
Creative seller financing terms present the opportunity for a land bank allowing a Buyer to secure construction and permanent financing. Seller to cooperate with a 1031 Buyer circumstance.
The subject property went through an extensive rezone from R1-6 to now PUD which allows mixed-use with residential and commercial space. Specifically, approvals include two-story buildings or structures up to 35’ tall with 50% coverage with proposed residential on the south of the site and retail on the north of the site fronting Highland Avenue.
Located only 1.5 miles from The Biltmore Fashion Square and less than 5 miles from Sky Harbor Airport, Wonderview at Highland is truly centrally located. Surrounded by area amenities has increased the viability for pedestrian and mobility travel along Highland Avenue.
Extensive due diligence materials can be made available including an ALTA Survey, Phase 1, Geotechnical Soils Report, and approved PUD zoning package.
Creative seller financing terms present the opportunity for a land bank allowing a Buyer to secure construction and permanent financing. Seller to cooperate with a 1031 Buyer circumstance.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $5,097,808 |
| Price Per AC | $2,047,312.45 |
| Lot Size | 2.49 AC |
Site Location: SWC 14th Place and Highland Avenue, Phoenix, Arizona Gross Land Area: 2.49 Acres (108,464 SF) Zoned: Approved PUD Zoning | R-3A Multifamily Across Site with C-1 Neighborhood Retail Zoning Permitted Uses.
1 of 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $22,285 | Total Assessment | $22,285 |
