480-442-0779

43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 (MLS# 5987972)

43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086

$5,400,000
Property Type: Land Lot Size (sq. ft.): 701,319 Status: Closed
Current Price: $5,400,000 List Date: 8/25/2021 Last Modified: 7/31/2023

Description

Commercial development opportunity, 16.1 acres of retail, office or multifamily development adjacent to Anthem Outlet Mall. This land consists of 4 parcels zoned C-2. There is dual ingress and egress access from the i-17 Freeway Frontage Road and 43rd Ave. Utilities are at the site. The location is ideal for much needed restaurants and more retail space in the Anthem community with the Outlet Mall on the south and the Goodwill Store on the NW corner. Total populations within 10 miles; 61,736 and consistently growing. Anthem is the gateway to northern Arizona and a major shopping hub for the towns and county to the north of Phoenix. This high traffic area only has a few land parcels left and this is the largest commercial property available in the area.

More Information MLS# 5987972

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $5,400,000 Sold Price: $5,400,000 Status: Closed List Date: 2019-10-03

Location, Tax & Legal

Lot #: 2 Assessor's Map #: 23 Legal Description (Abbrev): LOT 2 DESERT HILLS ANTHEM ADDITION MCR 134101 Assessor's Parcel #: 618 Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 610000 Taxes: 7327 Tax District: 971300 Marketing Name: Anthem C2 -16 Acres Map Code/Grid: E33 House Number: 43240 Compass: N Street Name: BLACK CANYON St Suffix: Highway City/Town Code: Phoenix State/Province: AZ Zip Code: 85086 Zip4: 7039 County Code: Maricopa Assessor Number: 202-23-618 Subdivision: DESERT HILLS ANTHEM ADDITION Tax Year: 2019

General Property Description

Apx Total Acres: 16.1 Apx Total Acres G/N: G Price Per Acre: 335403.73 # Lots in Listing: 4 Apx SqFt: 701319 Price Per SqFt: 7.7 Apx SqFt G/N: G Lot Size Dimensions: Irregular Elementary School District: Deer Valley Unified District High School District: Deer Valley Unified District Elementary School: Anthem School Jr. High School: Canyon Springs STEM Academy High School: Boulder Creek High School Zoning: Commercial

Legal Info

Range: 2E Section: 10 Township: 6N Lot Number: 2

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 4750000 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

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Existing Land Use

Commercial Lot: 1 Commercial Acreage: 1

Zoned Presently

Commercial: 1

Potential Use

Multi-Family: 1 Commercial: 1 Industrial: 1 Mobile/Mgf Hme/RV's: 1 Office: 1 Retail: 1 Pad Site: 1 Hotel/Motel: 1 P.A.D.: 1

Parcel Size

20.00 - 39.99 Acres: 1

Current Density

Other (See Rmks): 1

Proposed Density

Other (See Rmks): 1

Development Status

Subdivision Plat Apv: 1 On Site Imp Cmplete: 1 Other: 1 See Remarks: 1

Land Features

Dual Street Ftg: 1 North/South Exp: 1 Other: 1 See Remarks: 1

View

Mountain(s): 1

Elevation

1,001 - 2,000 Ft: 1

Elevation Source

Other (See Remarks): 1

Vegetation

Natural Vegetation: 1

Land Configuration

Square Rectangular: 1

Traffic Count

Other (See Rmks): 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

Frontage: 1

Sewer

Sewer - Public: 1 Sewer-In & Connected: 1

Electric

APS: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1 SBA: 1

Special

Incorporated Area: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Existing 1st Loan

Treat as Free&Clear: 1

Distance to Electric

On Property: 1

Distance to Gas

On Property: 1

Distance to Sewer

On Property: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Existing Other Loan

Not Applicable: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Fixed Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: I-17 & Anthem Way Directions: I-17 to Anthem Way west to Frontage Road or 43rd Ave. Geo Lat: 33.876854 Geo Lon: -112.149899

Status Change Info

Off Market Date: 2021-08-25 Under Contract Date: 2021-05-24 Close of Escrow Date: 2021-12-20 Sold Price: $5,400,000

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot; Commercial Acreage Zoned Presently: Commercial Potential Use: Multi-Family; Commercial; Industrial; Mobile/Mgf Hme/RV's; Office; Retail; Pad Site; Hotel/Motel; P.A.D. Parcel Size: 20.00 - 39.99 Acres Current Density: Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: Subdivision Plat Apv; On Site Imp Cmplete; Other; See Remarks Land Features: Dual Street Ftg; North/South Exp; Other; See Remarks View: Mountain(s) Elevation: 1,001 - 2,000 Ft Elevation Source: Other (See Remarks) Vegetation: Natural Vegetation Land Configuration: Square Rectangular Traffic Count: Other (See Rmks) Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected 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 Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Existing Other Loan: Not Applicable New Financing: Cash; Conventional; SBA Special: Incorporated Area Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Fencing: None
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: July - 31 - 2023
43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086- MLS# 5987972
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