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Residential Land for Sale in Phoenix, Arizona
412 N 52nd St, Phoenix, AZ 85008
$595,000
0.9 acres
Active
$30k drop
Est $4,476/moPrime development opportunity on this nearly 1 acre R-4 zoned Lot directly off the Loop 202 & Van Buren. Highest and best use of this lot is a 3 story apartment building. Current density is 29 units/acre. Opportunity also exists to potentially rezone to R-5 zoning, which would allow 4 stories & increased density. Neighboring apartment complexes are zoned R-5.
Location
- Street address
- 412 N 52nd St
- County
- Maricopa County
- Community
- Papago Addition 3
- School district
- Phoenix Union High School District
- Elevation
- 1,191 feet
Property details
- Lot size
- 0.9 acres39,204 sq ft
- Zoning
- R-4
- MLS #
- ARMLS 6744417
- Posted
Property taxes
- 2023
- $4,984
Parcels
- 125-05-029-B
Legal description
LOT 28 PAPAGO ADDITION 3 MCR 005028
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 30, 2025 | Price drop | $595,000 | $30,000 -4.8% | ARMLS |
| July 25, 2025 | Price drop | $625,000 | $50,000 -7.4% | ARMLS |
| June 5, 2025 | Relisted | $675,000 | — | ARMLS |
| June 2, 2025 | Listing removed | $675,000 | — | Listing agent |
| Mar 20, 2025 | Price drop | $675,000 | $75,000 -10% | ARMLS |
| Feb 6, 2025 | Price drop | $750,000 | $50,000 -6.3% | ARMLS |
| Nov 26, 2024 | Price drop | $800,000 | $100,000 -11.1% | ARMLS |
| Aug 16, 2024 | New listing | $900,000 | — | ARMLS |
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