3248 W INDIAN SCHOOL Road .-, Phoenix, AZ 85017 (MLS# 6952559)

3248 W INDIAN SCHOOL Road .-, Phoenix, AZ 85017

$2,000,000

Property Type: Land Lot Size (sq. ft.): 76,111 Status: Active

Current Price: $2,000,000 List Date: 12/01/2025 Last Modified: 12/01/2025

Overview

Description

R-5 permits up to 94 Multi-Family units *** Signalized Access at 33rd Ave/Indian School Rd *** Across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Krispy Kreme Ross Dress For Less & Chase Bank *** Listing Agent related to Seller entity *** 5 minutes to Grand Canyon University, 10 minutes to Downtown Phoenix, 15 minutes to Sky Harbor Airport *** Ready for new Multi-Family development - LIHTC - located in QCT *** New Indian School/35th Ave/Grand Ave interchange realignment scheduled for summer of 2026 per ADOT.

Listing Details MLS# 6952559

Location, Tax & Legal

House Number: 3248
Compass: W
Street Name: INDIAN SCHOOL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 3901
Country: US
County Code: Maricopa
Assessor Number: 154-24-073-C
Subdivision: Legal in Escrow
Tax Year: 2025

Contract Information

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

General Property Description

Apx Total Acres: 1.75
Apx Total Acres G/N: G
Price Per Acre: 1142857.14
# Lots in Listing: Yes
# Units Allowed: 94
Apx SqFt: 76111
Price Per SqFt: 26.28
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Street Frontage: 30
Zoning: R5
Flood Zone: No
Elementary School District: Alhambra Elementary District
High School District: Phoenix Union High School District
High School: Alhambra High School

Remarks Misc

Cross Street: Indian School Road and 33rd Ave
Directions: Indian School Rd between I-17 and US-60/Grand Ave, across the street from Los Altos Ranch Market, Costco, McDonalds, DDs, Fallas, Krispy Kreme & Chase Bank.

Legal Info

Township: 2N
Range: 2E
Section: 23
Lot Number: .-

Showing Notification Methods

Showing Service: No Showing Service Used

More Information

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot; Commercial Lot; Residential Acreage; Commercial Acreage Zoned Presently: Multi-Family; Hotel/Motel Potential Use: Multi-Family; Hotel/Motel Parcel Size: 1.00 - 2.49 Acres Current Density: 40+ Units P/Acre Proposed Density: 40+ Units P/Acre Development Status: Raw Land Land Features: Curb(s) & Gutter(s); Sidewalk(s); North/South Exp Elevation: 1,001 - 2,000 Ft Elevation Source: Owner Vegetation: Natural Vegetation Land Configuration: Square Rectangular; Irregular Shape Road Access Type: Alley; City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: 50,001 to 75,000 Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Available Electric: SRP 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: Under 350 Feet Distance to Sewer: On Property Existing 1st Loan: Private Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; 1031 Exchange Use Restrictions: C.C. & R's; Existing Easement Environmental: Phase I Available Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: Block; Chain Link