0.24 Acres of Land for Sale in Phoenix, Arizona

Capitalize on a luxury multifamily development opportunity in the booming 85016 zip code, perfectly positioned between the Camelback Corridor and Arcadia Lite. This 10,515 SF infill lot offers a ''plug-and-play'' scenario with previously approved plans for four (4) 2-bed/1.5-bath, 1,063 SF units, complete with architectural, civil, and MEP plans to slash development timelines.

FLEXIBLE STRATEGY: Build the approved contemporary duplexes (with private yards, dog park, parking) or design your own high-end ''missing middle'' project.

PRIME LOCATION: Minutes from Biltmore Fashion Park, elite dining, and Sky Harbor Airport.

OPTIMAL FINANCING: Develop as a fourplex to utilize favorable residential financing.

HIGH-DEMAND AREA: Proven market with neighboring sales over $2.5M.