Address
8340 E Mcdonald Drive Scottsdale, AZ
Price
$ 2,095,000
Property Attributes
  • MLS#5662802
  • TypeLand
  • CountyMARICOPA
  • CityScottsdale
  • Zip85250
  • StyleCommercial Lot
  • Taxes9088
  • Price$ 2,095,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size1.27 Acres
Listing Provided Courtesy Of:
Diversified Partners LLC
Property Description

MULTI-FAMILY HIGH DENSITY R-5 INFILL IN PRIME CENTRAL SCOTTSDALE LOCATION! Zoning is in place and is approved for 18 unit townhouse project (14.17 DU/ACRE). Offering includes both parcels (174-12-001S) and (174-12-001T). Located at the northwest corner of McDonald Dive and Granite Reef, property is less than a mile from 101 Freeway, minutes from Old Town Scottsdale and the Indian Bend Wash Recreational areas. The immediate area has several walkable options to nearby neighborhood amenities. Seller has conceptual renderings depicting the 18 units, 2 story livable floor plan with a 3rd floor roof deck/patio. All units contain an enclosed 2 car garage. Livable square feet per unit is slated to be 2000, with 300 sf ft allocated to the garage. 9 guest spaces for the community.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
9/20/2017 Listed $2,095,000

General Features

Listing Status Active
New Financing Cash, 1031 Exchange, Conventional
Potential Use Multi-Family
Present Use Commercial Lot
Property Type C
Special Condition Owner/Agent
Type ER
Zoning R-5

Interior Features

Electric APS
Gas SW Gas

Exterior Features

Tax Year 2016
Apx Total Acres 1.27
Apx Total Acres G/N G
Land Configuration Square Rectangular
Lot Size 150 x 315
Parcel Size 1.00 - 2.49 Acres
Sewer Sewer - Public
Water City Franchise

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 85250

Price
AVG $1.47M
$2.1M
Taxes
AVG $6,621
$9,088
Visits
AVG 23
41
Walkscore
AVG 40
53

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