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
- 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
Listing Office: Russ Lyon Sotheby's International Realty

Last Updated: July - 31 - 2023
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