$1,700,000
Phoenix, AZ 85014
MLS# 7022617

1 / 10
Property Description
Fully Entitled 15-Unit Townhome Development | Central Corridor, Phoenix Shovel-ready 15-unit townhome community on 0.756 acres in Phoenix's Central Corridor. Three buildings, shared amenities, permits expected July 2025. Turnkey entitlement package -- bring your GC and build. Each unit delivers 1,723 SF across 3 bedrooms, 3 bathrooms, and an enclosed 2-car garage. Unit plans feature modern open layouts with full-height glazing, private balconies, and high-end interior finish standards reflected in the approved design package. Shared amenities include a resort-style pool, landscaped central paseo with native plantings, and a fire pit courtyard -- all designed to compete directly with luxury multifamily product at a townhome price point.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $1,700,000
List Price: $1,700,000
Status: Active
List Date: 2026-05-02
Location, Tax & Legal
Lot #: -
Assessor's Map #: 8
Legal Description (Abbrev): TH PT SE4 NE4 SEC 9 T2N R3E DAF BEG AT PT S LI SD NE4 336.78F W OF SE COR TH N 355.33F TH W 162.78F
Assessor's Parcel #: 50
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 106502
Taxes: 8380
House Number: 1536
Compass: E
Street Name: MARYLAND
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 1448
Country: US
County Code: Maricopa
Assessor Number: 161-08-050-C
Tax Year: 2025
General Property Description
Apx Total Acres: 0.76
Apx Total Acres G/N: G
Price Per Acre: 2236842.11
Apx SqFt: 32935
Price Per SqFt: 51.62
Apx SqFt G/N: G
Lot Size Dimensions: 163' by 202'
Horses: N
Elementary School District: Madison Elementary District
High School District: Phoenix Union High School District
Zoning: PUD
Legal Info
Range: 3E
Section: 9
Township: 2N
Lot Number: -
Special Listing Cond
Owner/Agent: 1
Pmt & Rate Info
Equity: 1700000
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
Showing Service: Aligned Showings
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Zoned Presently
Planned Unit Devlp: 1
Parcel Size
.50 - .99 Acres: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
APS: 1
Gas
SW Gas: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Cash to Loan: 1
Conventional: 1
1031 Exchange: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Distance to Electric
On Property: 1
Distance to Gas
On Property: 1
Distance to Sewer
On Property: 1
Reports/Disclosures
Soil Test: 1
Seller Prop Disc Stm: 1
Boundary Survey Avlb: 1
Development Pln Aval: 1
Vicinity of an Airport: 1
Environmental
None: 1
Remarks Misc
Cross Street: Maryland Ave & 16th
Geo Lat: 33.53135
Geo Lon: -112.048886
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Residential Lot
Zoned Presently: Planned Unit Devlp
Parcel Size: .50 - .99 Acres
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
New Financing: Cash; Cash to Loan; Conventional; 1031 Exchange
Environmental: None
Lockbox Type: None
Supplements
The project's clean, contemporary massing -- flat roofs, stucco and metal panel facades, louvered privacy screens -- reads as boutique rather than production, positioning well for the $500K+ attached-home buyer in a supply-constrained submarket.
Offering: $1,700,000 for the fully entitled project including approved plans, engineering, and permit-ready documentation.
Listing Office: The Brokery
Last Updated: May - 02 - 2026
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