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$5,400,000
43240 N BLACK CANYON Highway, 2
Phoenix, AZ 85086
MLS# 5987972
Status: Closed

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43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086
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43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086

Property 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.

Details
Documents
Contract Information
Current Price: $5,400,000
List Price: $5,400,000
Status: Closed
List Date: 2019-10-03
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: E33
House Number: 43240
Compass: N
Street Name: BLACK CANYON
St Suffix: Highway
Lot #: 2
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85086
Zip4: 7039
Country: USA
County Code: Maricopa
Assessor's Map #: 23
Assessor's Parcel #: 618
Add'l Parcels: Yes
Assessor Number: 202-23-618
Legal Description (Abbrev): LOT 2 DESERT HILLS ANTHEM ADDITION MCR 134101
Subdivision: DESERT HILLS ANTHEM ADDITION
Census Tract: 610000
Tax Municipality: Phoenix
Tax District: 971300
Taxes: 7327
Tax Year: 2019
Marketing Name: Anthem C2 -16 Acres
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: Anthem School
Jr. High School: Canyon Springs
High School: Boulder Creek High School
Elementary School District: Deer Valley Unified District
High School District: Deer Valley Unified District
Remarks & Misc
Cross Street: I-17 & Anthem Way
Directions: I-17 to Anthem Way west to Frontage Road or 43rd Ave.
Geo Lat: 33.876854
Geo Lon: -112.149899
Status Change Info
Status Change Date: 2021-12-20
Off Market Date: 2021-08-25
Under Contract Date: 2021-05-24
Close of Escrow Date: 2021-12-20
Sold Price: 5400000
Legal Info
Township: 6N
Range: 2E
Section: 10
Lot Number: 2
Pmt & Rate Info
Equity: 4750000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession $/%: $
Seller Concession $/%: $
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: Dual Street Ftg; Mountain View(s); North/South Exp; Other; See Remarks
Elevation: 1,001 - 2,000 Ft
Elevation Source: Other (See Remarks)
Vegetation: Natural Vegetation
Land Configuration: Square Rectangular
Roads/Streets: Asphalt; Dedicated Street; Curb(s) & Gutter(s); Sidewalk(s)
Traffic Count: Other (See Rmks)
Freeway/Highway: Frontage
Topography: Level
Existing Structures: None
Water: 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 Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Conventional; SBA
Special: Incorporated Area
Reports/Disclosures: Seller Prop Disc Stm
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

43240 N BLACK CANYON Highway, 2, Phoenix, AZ 85086 - MLS# 5987972

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