4007 W MCDOWELL Road $525,000

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    4007 W MCDOWELL Road Phoenix, AZ 85009

    • 0.42 Acres
    • Land
    • MLS# 6391049
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    Views: 13 Days On Site: 25

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    Property Details

    Vacant, multi-family (or office), infill parcel perfect for a variety of housing development possibilities. Frontage on McDowell Road next door to Dollar General and a Dental Office. This Large 18,150 sqft, level lot with R-5 High Density Multi-Family zoning is available in an area experiencing a significant housing shortage. Per City of Phoenix, R-5 allows 4 stories or 48 ft height buildings , up to 24 units with 50% lot coverage based on 24,888 sqft lot (measured from middle of McDowell Rd). Build new single family homes, town homes, or apartments with other possibilities to consider. Buyer to verify all facts and figures. Property is close to the I-10 and I-17 with easy access to Downtown Phoenix. 2022 traffic count is 28,179 p/day. See Docs Tab ** Seller Financing Available

    • General Features
      • County Maricopa
      • Cross Street 43RD AVENUE & MCDOWELL ROAD
      • Directions I-10 to 43rd Avenue - North to McDowell Rd - East on McDowell Rd - property on South side of the street
      • Existing Land Use Commercial Lot
      • For Sale/Lease Sale
      • New Financing Cash,Conventional
      • Potential Use Multi-Family,Office,Single Family
      • Presently Zoned Multi-Family
      • Special Listing Conditions N/A
      • Subdivision WINONA PARK 5
      • Tax Year 2021
      • Taxes $1,048
      • Zoning R-5
    • Property Features
      • Apx. Total Acres1 0.42
      • Legal Info: Lot Number 623
      • Electric APS
      • Fencing Chain Link,Partial
      • Gas SW Gas
      • Land Features North/South Exp
      • Sewer Sewer - Public
      • Water City Franchise

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    Neighborhood

    85009 (Phoenix) Demographics

    29 Median Age
    3,301 Population Density (per sq. mile)
    10% College Educated
    $32,893 Estimated Median Income
    5,707 Estimated Total Home Owners
    7,256 Estimated Total Renters
    44% / 56% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    51,711 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    49 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $525,000
        4/28/2022 5:48:00 PM New in Database Source: Multiple Listing Service New Value: $525,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2022 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Data last updated 5/23/2022 1:46:22 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Tangible Wealth A Luxury Real Estate Company.

        All information should be verified by the recipient and none is guaranteed as accurate by ARMLS


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.