412 N 52ND Street 28, Phoenix, AZ 85008 (MLS# 6988051)

412 N 52ND Street 28, Phoenix, AZ 85008

$499,999
Property Type: Land Lot Size (sq. ft.): 39,204 Status: Active
Current Price: $499,999 List Date: 9/17/2026 Last Modified: 9/17/2026

Overview

Description

Prime 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.

Listing Details MLS# 6988051

Location, Tax & Legal

House Number
412
Compass
N
Street Name
52ND
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
6710
Country
US
County Code
Maricopa
Assessor Number
125-05-029-B
Subdivision
PAPAGO ADDITION 3
Tax Year
2025

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.9
Apx Total Acres G/N
G
Price Per Acre
555554.44
Apx SqFt
39204
Price Per SqFt
12.75
Apx SqFt G/N
G
Lot Size Dimensions
Irregular
Zoning
R-4
Elementary School District
Balsz Elementary District
High School District
Phoenix Union High School District

Remarks Misc

Cross Street
52nd St. & Van Buren

Legal Info

Township
1N
Range
4E
Section
5
Lot Number
28

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family; Commercial; Industrial Parcel Size: .50 - .99 Acres Current Density: 26 - 30 Units P/Acre Development Status: Raw Land Land Configuration: Irregular Shape Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Available Electric: APS Gas: SW Gas 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; Conventional Environmental: None Lockbox Type: None
IDX
Listing Office: MCO Realty
Last Updated: September - 17 - 2026
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