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12481 E Cochise Drive, -, Scottsdale, AZ 85259 (MLS# 6664002)

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12481 E Cochise Drive, -, Scottsdale, AZ 85259

$2,250,000
Property Type: Land and Lots Lot Size (sq. ft.): 199,940 Status: Active
Current Price: $2,250,000 List Date: 2/15/2024 Last Modified: 4/24/2024

Description

CALLING ALL BUILDERS/DEVELOPERS. Rare development opportunity on 4.5+ acres in a prime Scottsdale location close to the Mayo Clinic, BASIS school, and just minutes from the 101. Imminent approval (approximately 45 days) of all entitlements and improvement plans to build four luxury residences. Surrounding area is filled with luxury properties. No HOA. Natural desert preserve in the back of the lot that will never be built on, ensuring mountain views are never obstructed. Dedicated pedestrian path with direct access to the McDowell Sonoran Preserve. Close on the lot and start building right away!

More Information MLS# 6664002

Contract Information

Current Price: $2,250,000 List Price: $2,250,000 Status: Active List Date: 2024-02-14 For Sale or Lease?: Sale Type: ER Subagents: N Buyer/Broker: Y Buyer Broker $/%: % Comp to Buyer Broker: 3 Variable Commission: N

Location, Tax & Legal

House Number: 12481 Compass: E Street Name: Cochise St Suffix: Drive Lot #: - City/Town Code: Scottsdale State/Province: AZ Zip Code: 85259 Country: USA County Code: Maricopa Assessor's Map #: 32 Assessor's Parcel #: 16 Add'l Parcels: No Assessor Number: 217-32-016 Legal Description (Abbrev): LOT 7 OR E2 NW4 NW4 NE4 EX N 55' RD 4.59 AC Census Tract: 216848 Tax Municipality: Scottsdale Taxes: 4767 Tax Year: 2023

General Property Description

Apx Total Acres: 4.59 Apx Total Acres G/N: G Price Per Acre: 490196.08 Apx SqFt: 199940 Price Per SqFt: 11.25 Apx SqFt G/N: G Lot Size Dimensions: 330 x 600 Zoning: R1-43

Remarks & Misc

Cross Street: 124th Street & E Shea Blvd Directions: Head south on 124th St. Make your first left onto Cochise. Lot is on the left. Geo Lat: 33.581418 Geo Lon: -111.81174

Status Change Info

Status Change Date: 2024-02-14

Legal Info

Township: 3N Range: 5E Section: 26 Lot Number: -

Pmt & Rate Info

Equity: 2450000

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family Parcel Size: 2.50 - 4.99 Acres Development Status: See Remarks Existing Structures: None Water: 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 Existing 1st Loan: Treat as Free&Clear New Financing: Cash; 1031 Exchange Reports/Disclosures: None; Other (See Rmks) Environmental: None Showing Notification Methods: Text Lockbox Type: None Fencing: None
Listing Office: NORTH&CO.
Last Updated: April - 24 - 2024
12481 E Cochise Drive, -, Scottsdale, AZ 85259- MLS# 6664002
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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