W Pierson St Land Development Opportunity

931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. Phoenix, AZ 85013

931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013
931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013 931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013 931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013 931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013 931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013 931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,450,000
Last Verified:
Aug 28, 2024

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Highlights

  • Site and Building Plans Available
  • Prime location at the corner of Pierson Street and 11th Avenue, just south of Camelback Road
  • Close proximity to Arizona State University (ASU)
  • Downtown: 10-minute drive, 5 miles away
  • Sky Harbor International Airport: 15-minute drive, 10 miles away
  • Phoenix Mountains Preserve: 15-minute drive, 6 miles away
  • Papago Park (including Desert Botanical Garden & Phoenix Zoo): 20-minute drive, 12 miles away
  • Closest Light Rail Stop: 12-minute walk, 0.6 miles away
  • Seamless access to urban amenities and natural attractions

Description

With full site and architectural plans this fully entitled 13-unit townhome development opportunity offers an exceptional option. Located at the Eastern edge of the Camelback Corridor Opportunity Zone, Pierson Lofts ideal for a build-to-rent- community for an investor/developer looking for a longer term hold on an investment.

- Fully Entitled Land: Ready for 13 Lots
- Demolition Ready: Streamlined for Efficient Progress
- Approved Permits: Ready to Kickstart Construction

- Complete Architectural Plans: Meticulously Crafted Design
- Complete Structural Plans: Solid Foundation for Excellence
- Complete MEP Plans: Comprehensive Mechanical, Electrical, and Plumbing Solutions
- Complete Civil Plans: Well-Executed Site Planning for Seamless Development

Phoenix, AZ

Lot Size: 0.78 acres


Documents

Offering Memorandum

Map of 931 W, Pierson St, 1021 W. Pierson, 4743 N 11th Ave. , Phoenix, AZ, 85013

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.