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

Overview

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.

Listing Details MLS# 5987972

Location, Tax & Legal

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
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

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
Zoning
Commercial
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

Remarks Misc

Cross Street
I-17 & Anthem Way
Directions
I-17 to Anthem Way west to Frontage Road or 43rd Ave.

Status Change Info

Off Market Date
2021-08-25
Under Contract Date
2021-05-24
Close of Escrow Date
2021-12-20

Legal Info

Township
6N
Range
2E
Section
10
Lot Number
2

More Information

Sold Info

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

Special Listing Cond

N/A
Yes

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
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Existing Land Use

Commercial Lot
Yes
Commercial Acreage
Yes

Zoned Presently

Commercial
Yes

Potential Use

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

Parcel Size

20.00 - 39.99 Acres
Yes

Current Density

Other (See Rmks)
Yes

Proposed Density

Other (See Rmks)
Yes

Development Status

Subdivision Plat Apv
Yes
On Site Imp Cmplete
Yes
Other
Yes
See Remarks
Yes

Land Features

Curb(s) & Gutter(s)
Yes
Dual Street Ftg
Yes
Sidewalk(s)
Yes
North/South Exp
Yes
Other
Yes
See Remarks
Yes

View

Mountain(s)
Yes

Elevation

1,001 - 2,000 Ft
Yes

Elevation Source

Other (See Remarks)
Yes

Vegetation

Natural Vegetation
Yes

Land Configuration

Square Rectangular
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Traffic Count

Other (See Rmks)
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Conventional
Yes
SBA
Yes

Special

Incorporated Area
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

On Property
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

On Property
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Other Loan

Not Applicable
Yes

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: Curb(s) & Gutter(s); Dual Street Ftg; Sidewalk(s); 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 Road Access Type: Dedicated Street Road Surface Type: Asphalt 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 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable 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

Documents

Listing Office: Russ Lyon Sotheby's International Realty
IDX
Last Updated: July - 31 - 2023
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