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INFILL R-5 Site
Location : SEC of Myrtle Avenue and 27th Avenue Size : 107,029 square feet Dimensions: 160’ on Myrtle and 600’ on 27th Ave Price: $480,000/ $195,000 per acre. Zoning: R-5 Comments: • Excellent marketing window • Seller will consider purchase subject to site
plan approval • Immediate access to I-17 and one of the
highest concentration of jobs in the metro area • See attached conceptual site plan showing 20
compact lots measuring ( 56’ X 75’). • Prior approval in 2006 for apartments
representing a density of 15.2 units per acre . Unit size ranged from 936 SF to 1343 SF. While it is outdated it is likely that a rezoning project may be approved as the density falls within the allowable density for R-5.
Insight Land & Investments
7400 E McDonald Dr, Ste 121
Scottsdale, Arizona 85250
602.385.1515
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is subject to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.
Tracy Glass
602-330-3201 [email protected]
Myrtle Ave & 27th Ave
DENSITY PROVIDED
48 Units / 3.15 ACRES = 15.2 UNITS PER ACRE
MINIMUM COMMON AREA REQUIRED
5% OF GROSS AREA X 137,093 SF = 6,855 SF
UNIT NO. STORIES HEIGHT LIVING AREA
A 20 2 24’ 936 SF
B 26 2 24’ 1060 SF
C 2 2 24’ 1343 SF
TOTAL UNITS
48
INFILL R-5 Site
Myrtle Ave & 27th Ave
INFILL R-5 Site
Myrtle Ave & 27th Ave
INFILL R-5 Site
Myrtle Ave & 27th Ave
INFILL R-5 Site
Myrtle Ave & 27th Ave
