$3,500,000
Phoenix, AZ 85004
MLS# 6333978
Status: Closed
1 / 1
Property Description
Majority of property is vacant land. Those structures remaining will need to be demolished or fully renovated. Depending upon proposed usage.
Details
Maps
Contract Information
Type: Exclusive Agency
For Sale or Lease?: Sale
Current Price: $3,500,000
Sold Price: $3,500,000
Status: Closed
List Date: 2021-12-20
Location, Tax & Legal
Lot #: 1, 3, 5, 7, 9, 11
Assessor's Map #: 25
Legal Description (Abbrev): LOT 5 BLOCK 7 CENTRAL PARK PLACE MCR 000441
Assessor's Parcel #: 88
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 114200
Taxes: 506
Map Code/Grid: Q34
House Number: 1009
Compass: S
Street Name: CENTRAL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
County Code: Maricopa
Assessor Number: 112-25-088
Subdivision: CENTRAL PARK PLACE
Tax Year: 2020
General Property Description
Apx Total Acres: 10
Apx Total Acres G/N: G
Price Per Acre: 250000
# Lots in Listing: 5
Apx SqFt: 38000
Price Per SqFt: 65.79
Apx SqFt G/N: G
Lot Size Dimensions: 49'x151
Flood Zone: No
Horses: N
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
High School: Phoenix Union - Wilson College Preparatory
Zoning: DTC-COM-2
Legal Info
Range: 3E
Section: 8
Township: 1N
Lot Number: 1, 3, 5, 7, 9, 11
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 2500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Commercial Lot: 1
Packaged Lot: 1
Other (See Rmks): 1
Zoned Presently
Multi-Family: 1
Commercial: 1
Office: 1
Shopping/Retail Cntr: 1
Other (See Rmks): 1
Potential Use
Multi-Family: 1
Commercial: 1
Office: 1
Retail: 1
Other: 1
Parcel Size
.50 - .99 Acres: 1
Current Density
Other (See Rmks): 1
Development Status
Raw Land: 1
Other: 1
Land Features
Corner Lot: 1
East/West Exposure: 1
Other: 1
See Remarks: 1
View
City Lights: 1
Vegetation
Other: 1
Land Configuration
Square Rectangular: 1
Other (See Rmks): 1
Road Responsibility
City Maintained Road: 1
Traffic Count
Other (See Rmks): 1
Fencing
Chain Link: 1
See Remarks: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Other (See Rmks): 1
Sewer
Sewer - Public: 1
Railroad
Rail Served: 1
Other (See Rmks): 1
Electric
SRP: 1
City Electric: 1
Underground: 1
Other (See Rmks): 1
Topography
Level: 1
Other (See Rmks): 1
Gas
SW Gas: 1
Existing Structures
Shed(s): 1
Residence: 1
Other: 1
See Remarks: 1
Distance to Cable
Within 1/2 Mile: 1
New Financing
Cash: 1
Conventional: 1
No Carry: 1
1031 Exchange: 1
Special
Incorporated Area: 1
Economic Redvlpmnt: 1
Enterprise Zone: 1
Accepting Back-Ups: 1
Distance to Phone
Within 1/2 Mile: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Distance to Gas
Under 350 Feet: 1
Distance to Sewer
Call Listing Office: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
Airport Flight Zone: 1
Reports/Disclosures
Vicinity of an Airport: 1
None: 1
Other (See Rmks): 1
Environmental
Other (See Rmks): 1
Existing Other Loan
Not Applicable: 1
Seller May Carry (SMC) Payment
Other (See Rmks): 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Central & Buckeye
Directions: South of Washington Ave, south on Central Ave; North of Buckeye.
Geo Lat: 33.437655
Geo Lon: -112.073381
Status Change Info
Off Market Date: 2021-12-20
Under Contract Date: 2021-12-20
Close of Escrow Date: 2022-01-07
Sold Price: $3,500,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot; Packaged Lot; Other (See Rmks)
Zoned Presently: Multi-Family; Commercial; Office; Shopping/Retail Cntr; Other (See Rmks)
Potential Use: Multi-Family; Commercial; Office; Retail; Other
Parcel Size: .50 - .99 Acres
Current Density: Other (See Rmks)
Development Status: Raw Land; Other
Land Features: Corner Lot; East/West Exposure; Other; See Remarks
View: City Lights
Vegetation: Other
Land Configuration: Square Rectangular; Other (See Rmks)
Road Responsibility: City Maintained Road
Traffic Count: Other (See Rmks)
Railroad: Rail Served; Other (See Rmks)
Topography: Level; Other (See Rmks)
Existing Structures: Shed(s); Residence; Other; See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP; City Electric; Underground; Other (See Rmks)
Gas: SW Gas
Distance to Cable: Within 1/2 Mile
Distance to Phone: Within 1/2 Mile
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Under 350 Feet
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; No Carry; 1031 Exchange
Seller May Carry (SMC) Payment: Other (See Rmks)
Special: Incorporated Area; Economic Redvlpmnt; Enterprise Zone; Accepting Back-Ups
Use Restrictions: Airport Flight Zone
Environmental: Other (See Rmks)
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: Chain Link; See Remarks
Listing Office: Distinctive Real Estate Ventur
Last Updated: April - 01 - 2025
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