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Multi-Family

Craftsman on Colter

1621 W Colter St, Phoenix, AZ 85015

Listing Price: $2,000,000

Lot Size
1.52 acres
Price/Acre
$1,315,789
Land Type
Land

Investment Overview

Craftsman on Colter is strategically located in one of the most desirable and affordable neighborhoods in the Valley, just south of Missouri Avenue and east of 19th Avenue. With 1.52 acres of R-3 zoning, the buyer will be able to develop up to 40 lots, similar to the new single-family subdivisions in the surrounding neighborhood. This project is less than a quarter mile south of Christown Spectrum Mall where Walmart, Target, Big 5, Dollar Tree, PetSmart, Ross Dress for Less, Walgreens, and Harkins Theatre are tenants. For convenience, the Phoenix Light Rail is less than a mile to the east, about a 15 minute walk. Marcus & Millichap also has an adjacent property listed for sale which would total 1.96 acres of R-3 land combined.

Investment Highlights

  • 1.52 acres of R-3 land.
  • Buyer can develop up to 40 lots.
  • M&M has the adjacent property listed for sale, a total of 1.96 AC of R-3 land combined.

Exclusively Listed By

Listing Price: $2,000,000

Lot Size
1.52 acres
Price/Acre
$1,315,789
Land Type
Land

Investment Highlights

  • 1.52 acres of R-3 land.
  • Buyer can develop up to 40 lots.
  • M&M has the adjacent property listed for sale, a total of 1.96 AC of R-3 land combined.

Investment Overview

Craftsman on Colter is strategically located in one of the most desirable and affordable neighborhoods in the Valley, just south of Missouri Avenue and east of 19th Avenue. With 1.52 acres of R-3 zoning, the buyer will be able to develop up to 40 lots, similar to the new single-family subdivisions in the surrounding neighborhood. This project is less than a quarter mile south of Christown Spectrum Mall where Walmart, Target, Big 5, Dollar Tree, PetSmart, Ross Dress for Less, Walgreens, and Harkins Theatre are tenants. For convenience, the Phoenix Light Rail is less than a mile to the east, about a 15 minute walk. Marcus & Millichap also has an adjacent property listed for sale which would total 1.96 acres of R-3 land combined.

Exclusively Listed By

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