34406 N 12th St., Phoenix, AZ 85085

34406 N 12th St., Phoenix, AZ 85085
Photo 1 of 11
$12,500,000
Beds Baths Sq. Ft. Taxes Built
0.00 0 $11,343
On the market: 6 days

Est. Monthly Payment:

$75,792($74,847 + $945 taxes*)

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APPROVED
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Prime 17.9-acre parcel featuring approximately 616 feet of frontage along Carefree Highway. APS power is available to the property. A rare and significant asset includes three water sources: a 1'' city meter, a newly drilled well capable of producing up to 20 GPM (metered to 12 GPM), and an existing well producing approximately 3-5 GPM. Notably, the City of Cave Creek has not issued new water meters since December 2021. Currently zoned R-43, with the seller actively working with the county toward rezoning to C-2 zoning. Seller plans to invest over $1,000,000 in landscaping and drainage improvements. Survey completed, with traffic count study and topographic map underway. NOTE: Parcels 211-74-011, 211-74-012-F, & 211-74-015) are to be sold as a single transaction.
Listing courtesy of Andy Berglund, Coldwell Banker Realty