DISCOVER AN UNPARALLELED OPPORTUNITY IN THE HEART OF MIDTOWN PHOENIX'S MELROSE DISTRICT WITH THIS EXTRAORDINARY 2.43-ACRE PARCEL OF LAND

PRESENTING A PRIME MULTIFAMILY BUILDER OPPORTUNITY. BOASTING APPROVED PLANS FOR A 39-UNIT CONDOMINIUM/APARTMENT BUILDING, THIS PROPERTY IS POISED FOR IMMEDIATE DEVELOPMENT. SPECIAL FINANCING TERMS MAKE THIS VENTURE EVEN MORE ENTICING, AND WITH A REMARKABLE 83 WALK SCORE, FUTURE RESIDENTS WILL ENJOY CONVENIENT ACCESS TO A PLETHORA OF AMENITIES.

DON'T MISS OUT ON THIS CHANCE TO SHAPE THE LANDSCAPE OF THE VIBRANT MELROSE DISTRICT. FOR INQUIRIES ABOUT SPECIAL SELLER FINANCING, CONTACT JOEL CHACKO FOR PRIVATE DETAILS. THIS IS A RARE AND PROMISING INVESTMENT OPPORTUNITY THAT AWAITS YOUR VISION AND CREATIVITY.

Request Information
on 4330 N 5th Ave Unit 39
in Phoenix, AZ
Presented by Scott Grigg at
Griggs Group Powered by The Altman Brothers.


Property MLS #6645326 from ArizonaRegionalMLS

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+ Bathrooms

Total Bathrooms: 0

+ Land Info

Lot Size Acres: 2.43
Lot Size Dimensions: 2.43 ACRES
Lot Size Square Feet: 105851

+ Exterior and Lot Features

Road Frontage Type: Dirt

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ School Information

Elementary School: Encanto School
High School: Central High School
Middle School: Osborn Middle School
School District: Phoenix Union High School District
+ Display Complete School Details

Phoenix Coding Academy is a public high school located approximately 0.5 miles away.
Map directions

Brophy College Preparatory is a private middle and high school located approximately 0.6 miles away.
Map directions

Osborn Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Clarendon School is a public elementary and middle school located approximately 0.7 miles away.
Map directions

+ Other Property Info

Annual Tax Amount: 105
Source Listing Status: Active
County: Maricopa
Directions: FROM CENTRAL AVE HEAD WEST ON GLENROSA AVE, RIGHT ONTO 5TH AVE. PROPERTY IS ON LEFT.
Tax Year: 2023
Source Property Type: Multiple Dwellings
Source Neighborhood: PARK FIFTH AVENUE CONDOMINIUMS
Parcel Number: 155-33-181
Postal Code Plus 4: 2997
Subdivision: PARK FIFTH AVENUE CONDOMINIUMS
Zoning: COMMERCIAL
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-01-03
$3,850,000
ArizonaRegionalMLS

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Listed 2024-01-03
$3,850,000
ArizonaRegionalMLS

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Listing removed 2023-01-04
$0
ArizonaRegionalMLS

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Listed 2022-02-15
$4,000,000
ArizonaRegionalMLS

+ Building and Construction

Year Built: 2024
New Construction: Yes

+ Utilities

Sewer: Public Sewer