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Property Detail

North 68th Street
A once-in-a-lifetime chance to purchase land perfect for a multifamily, townhome, or single-family .
$1,700,000
Manufacturer: https://westusa.com/

Description

  • A once-in-a-lifetime chance to purchase land perfect for a multifamily, townhome, or single-family micro-community.
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  • One of the few available redevelopment sites left in Scottsdale — Old Town Scottsdale Redevelopment Opportunity has three properties available.
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  • On the edge of Old Town, near trendy local restaurants and shopping districts like The Mission, Arcadia Farms Café, and the Scottsdale Fashion Square.
  • Less than 10 minutes from Loop 202 and in proximity to Loop 101, making it highly accessible to the surrounding Scottsdale and Phoenix areas.
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  • Demographics include over 277,886 residents with a median age of 35 years and an average household income of $99,509 within 5 miles.

Executive Summary

Scottsdale Redevelopment Opportunity is a rare offering to purchase three properties located north of the northwest corner of 68th Street and Thomas Road. This excellent opportunity is ideal for an in-fill development of a micro-community of multifamily, townhomes, and single-family residences. Most parcels have existing buildings on the lot that need demolition. Once demolished, the properties will be flat vacant land with access to utilities. These properties are zoned (C-1).

Nestled between Old Town, Hotel Row, Skysong, and Arcadia, this offering is centrally located in a trendy neighborhood in the heart of Scottsdale. This area offers boutique and luxury shopping options, lively bars, historical museums, and top-notch restaurants that many locals love to frequent. The site's convenient access to Loop 101 and 202 makes for a quick trip to Downtown Phoenix for residents who commonly commute to work or play. In sought-after downtown Scottsdale, these properties are surrounded by a multitude of residential homes, top-rated schools, and office complexes, and they rarely ever have an open, developable parcel. Don't miss the chance to develop on one of the few available redevelopment sites near Old Town Scottsdale.

Old Town Scottsdale Redevelopment Opportunity

Listing ID : 00853

SKU: 853

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Price History

DateEventPrice
December 12 2024Listed$1,700,000.00