3248 W INDIAN SCHOOL Road .-, Phoenix, AZ 85017
$2,000,000
Property Type:
Land
Lot Size (sq. ft.):
76,111
Status:
Active
Current Price:
$2,000,000
List Date:
12/01/2025
Last Modified:
12/01/2025
Description
R-5 permits up to 94 Multi-Family units *** Signalized Access at 33rd Ave/Indian School Rd *** Across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Krispy Kreme Ross Dress For Less & Chase Bank *** Listing Agent related to Seller entity *** 5 minutes to Grand Canyon University, 10 minutes to Downtown Phoenix, 15 minutes to Sky Harbor Airport *** Ready for new Multi-Family development - LIHTC - located in QCT *** New Indian School/35th Ave/Grand Ave interchange realignment scheduled for summer of 2026 per ADOT.
More Information MLS# 6952559
Contract Information
Current Price: $2,000,000
List Price: $2,000,000
Status: Active
List Date: 2025-11-29
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 3248
Compass: W
Street Name: INDIAN SCHOOL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 3901
County Code: Maricopa
Assessor Number: 154-24-073-C
Subdivision: Legal in Escrow
Tax Year: 2025
General Property Description
Apx Total Acres: 1.75
Apx Total Acres G/N: G
Price Per Acre: 1142857.14
# Lots in Listing: 1
# Units Allowed: 94
Apx SqFt: 76111
Price Per SqFt: 26.28
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Street Frontage: 30
Zoning: R5
Flood Zone: No
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
High School: Alhambra High School
Remarks Misc
Cross Street: Indian School Road and 33rd Ave
Directions: Indian School Rd between I-17 and US-60/Grand Ave, across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Fallas, Krispy Kreme & Chase Bank.
Geo Lat: 33.496046
Geo Lon: -112.129409
Legal Info
Township: 2N
Range: 2E
Section: 23
Lot Number: .-
Showing Notification Methods
Showing Service: No Showing Service Used
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage
Zoned Presently: Multi-Family; Hotel/Motel
Potential Use: Multi-Family; Hotel/Motel
Parcel Size: 1.00 - 2.49 Acres
Current Density: 40+ Units P/Acre
Proposed Density: 40+ Units P/Acre
Development Status: Raw Land
Land Features: Curb(s) & Gutter(s); Sidewalk(s); North/South Exp
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular; Irregular Shape
Road Access Type: Alley; City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Traffic Count: 50,001 to 75,000
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Available
Electric: SRP
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: Under 350 Feet
Distance to Sewer: On Property
Existing 1st Loan: Private
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; 1031 Exchange
Use Restrictions: C.C. & R's; Existing Easement
Environmental: Phase I Available
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: Block; Chain Link
Documents
Listing Office: Fathom Realty Elite
Last Updated: December - 01 - 2025
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