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
Curb(s) & Gutter(s): 1 Dual Street Ftg: 1 Sidewalk(s): 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
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 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
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
On Property: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
On Property: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 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: 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
Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: July - 31 - 2023
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