34406 N 12TH Street 0, Phoenix, AZ 85085 (MLS# 6968500)

34406 N 12TH Street 0, Phoenix, AZ 85085

$12,500,000
Property Type: Land Lot Size (sq. ft.): 204,732 Status: Active
Current Price: $12,500,000 List Date: 1/15/2026 Last Modified: 1/15/2026

Overview

Description

Prime 17.9-acre parcel featuring approximately 616 feet of frontage along Carefree Highway. APS power is available to the property. A rare and significant asset includes three water sources: a 1'' city meter, a newly drilled well capable of producing up to 20 GPM (metered to 12 GPM), and an existing well producing approximately 3-5 GPM. Notably, the City of Cave Creek has not issued new water meters since December 2021. Currently zoned R-43, with the seller actively working with the county toward rezoning to C-2 zoning. Seller plans to invest over $1,000,000 in landscaping and drainage improvements. Survey completed, with traffic count study and topographic map underway. NOTE: Parcels 211-74-011, 211-74-012-F, & 211-74-015) are to be sold as a single transaction.

Listing Details MLS# 6968500

Location, Tax & Legal

House Number
34406
Compass
N
Street Name
12TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85085
Zip4
9200
County Code
Maricopa
Assessor Number
211-74-012-F
Subdivision
Carefree Hwy
Tax Year
2025
Lot #
No
Assessor's Map #
74
Legal Description (Abbrev)
S2 NE4 NE4 NW4 EX E 40' RD 4.70 AC
Assessor's Parcel #
12
Assessor Parcel Ltr
F
Add'l Parcels
Yes
Tax Municipality
Maricopa - COUNTY
Census Tract
612000
Taxes
11343
Marketing Name
17.9 Acres

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
4.7
Apx Total Acres G/N
G
Price Per Acre
2659574.47
Apx SqFt
204732
Price Per SqFt
61.06
Apx SqFt G/N
G
Lot Size Dimensions
616 x 2,258
Horses
Y
Zoning
R-43
Flood Zone
TBD
Elementary School District
Deer Valley Unified District
High School District
Deer Valley Unified District
Elementary School
Desert Mountain School
Jr. High School
Desert Mountain School
High School
Deer Valley High School

Remarks Misc

Cross Street
12th Street & Carefree Hwy
Directions
Located at the southeast corner of 12 St and Deer Valley Highway.

Legal Info

Township
5N
Range
3E
Section
9

Distance To Street

Distance To Street Comments
Adjacent to carefree highway

More Information

Showing Notification Methods

Showing Service
No Showing Service Used
Text
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
480-215-1881

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
12500000
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

See Private Remarks
Yes

Existing Land Use

Commercial Lot
Yes
Other (See Rmks)
Yes

Zoned Presently

Other (See Rmks)
Yes

Potential Use

Single Family
Yes
Commercial
Yes

Parcel Size

10.00 - 19.99 Acres
Yes

Proposed Density

Other (See Rmks)
Yes

Development Status

Raw Land
Yes
Other
Yes

View

Other
Yes

Elevation

2,001 - 3,000 Ft
Yes

Vegetation

Natural Vegetation
Yes

Land Configuration

Square Rectangular
Yes

Road Access Type

City Street
Yes

Road Surface Type

Gravel
Yes

Traffic Count

Not Available
Yes

Fencing

Pipe
Yes

Water Source

City Franchise
Yes
Private
Yes
Domestic Well
Yes

Freeway/Highway

Frontage
Yes

Sewer

Septic Tank
Yes
Other
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

None
Yes

Existing Structures

Garage(s)
Yes
Residence
Yes

Irrigation

None
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Conventional
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

None
Yes

Distance to Sewer

Call Listing Office
Yes

Horse Features

Other
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Boundary Survey Avlb
Yes
Water Well Report
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot; Other (See Rmks) Zoned Presently: Other (See Rmks) Potential Use: Single Family; Commercial Parcel Size: 10.00 - 19.99 Acres Proposed Density: Other (See Rmks) Development Status: Raw Land; Other View: Other Elevation: 2,001 - 3,000 Ft Vegetation: Natural Vegetation Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Gravel Traffic Count: Not Available Topography: Level Existing Structures: Garage(s); Residence Water Source: City Franchise; Private; Domestic Well Irrigation: None Sewer: Septic Tank; Other Electric: APS Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Call Listing Office Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable New Financing: Cash; Conventional Environmental: None Horse Features: Other Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks Fencing: Pipe
Listing Office: Coldwell Banker Realty
IDX
Last Updated: January - 15 - 2026
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