20405 N Estrella Parkway 2, Maricopa, AZ 85139 (MLS# 6493642)

20405 N Estrella Parkway 2, Maricopa, AZ 85139

$6,500,000

Property Type: Land Lot Size (sq. ft.): 444,056 Status: Active

Current Price: $6,500,000 List Date: 1/29/2024 Last Modified: 8/14/2025

Overview

Description

Completed rezoning and nearly fully approved construction drawings for a 195 unit garden style apartment complex development with 70+ garages, a pool, pet amenities, and a clubhouse. Max density 20 units/acre, proposed density 19.17 units/acre. 78, 1 bedroom units, 99, 2 bedroom units, and 18, 3 bedroom units. 14 garage buildings with 5 spaces per building for 70 rentable garage spaces, 399 total parking spaces. This project is nearly ready to come out of the ground for the right buyer.

Listing Details MLS# 6493642

Location, Tax & Legal

Map Code/Grid: W35
House Number: 20405
Compass: N
Street Name: Estrella
St Suffix: Parkway
City/Town Code: Maricopa
State/Province: AZ
Zip Code: 85139
County Code: Pinal
Assessor Number: 510-17-022
Subdivision: AMENDED FINAL PLAT OF ESTRELLA GIN BUSINESS PARK 2019073078
Tax Year: 2023
Lot #: 2
Assessor's Map #: 17
Legal Description (Abbrev): LOT 2 AMENDED FINAL PLAT OF ESTRELLA GIN BUSINESS PARK 2
Assessor's Parcel #: 22
Add'l Parcels: No
Tax Municipality: Maricopa - CITY
Census Tract: 1703
Taxes: 24733
Marketing Name: Villas at the Gin

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 10.19
Apx Total Acres G/N: G
Price Per Acre: 637880.27
Apx SqFt: 444056
Price Per SqFt: 14.64
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Zoning: Apartments
Elementary School District: Maricopa Unified School District
High School District: Maricopa Unified School District

Remarks Misc

Cross Street: SEC W. Edison Rd. & N. Estrella Parkway
Directions: From Edison and John Wayne Parkway, head West to the intersection of SEC W. Edison Rd. & N. Estrella Parkway

Legal Info

Township: 4S
Range: 03E
Section: 21
Lot Number: 2

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Email: Yes
Phone Call: Yes

More Information

Contact Info

List Agent Home Phn: 480-703-3316

Special Listing Cond

Owner/Agent: Yes

Pmt & Rate Info

Equity: 6500000
Total Owed: 0

Assoc/Prop Info

HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N

Lockbox Type

None: Yes

Existing Land Use

Other (See Rmks): Yes

Zoned Presently

Multi-Family: Yes
Bsns/Ind/Rsrch Prk: Yes
Other (See Rmks): Yes

Potential Use

Multi-Family: Yes

Parcel Size

10.00 - 19.99 Acres: Yes

Development Status

Raw Land: Yes
Subdivision Plat Apv: Yes
Plans Available: Yes
Plans Included: Yes
Off Site Imp Needed: Yes
On Site Imp Needed: Yes
Other: Yes
See Remarks: Yes

Land Features

Gated Community: Yes
See Remarks: Yes

Water Source

Private: Yes
See Remarks: Yes

Sewer

Sewer - Public: Yes
Other: Yes

Electric

Other (See Rmks): Yes

Gas

SW Gas: Yes
Other (See Rmks): Yes

Distance to Cable

Under 350 Feet: Yes

New Financing

Cash: Yes
Cash to Loan: Yes
Conventional: Yes
SBA: Yes
No Carry: Yes

Distance to Phone

Under 350 Feet: Yes

Distance to Water

Under 350 Feet: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Distance to Electric

Under 350 Feet: Yes

Distance to Gas

Under 350 Feet: Yes

Distance to Sewer

Under 350 Feet: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes
Boundary Survey Avlb: Yes
Development Pln Aval: Yes
Other (See Rmks): Yes

Environmental

Other (See Rmks): Yes

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Other (See Rmks) Zoned Presently: Multi-Family; Bsns/Ind/Rsrch Prk; Other (See Rmks) Potential Use: Multi-Family Parcel Size: 10.00 - 19.99 Acres Development Status: Raw Land; Subdivision Plat Apv; Plans Available; Plans Included; Off Site Imp Needed; On Site Imp Needed; Other; See Remarks Land Features: Gated Community; See Remarks Water Source: Private; See Remarks Sewer: Sewer - Public; Other Electric: Other (See Rmks) Gas: SW Gas; Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Cash to Loan; Conventional; SBA; No Carry Environmental: Other (See Rmks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None