1305 North Central Avenue Land/Development
  • Asking Price
    $6.3MAsking Price
  • Acres
    ~10.59 acAcres
  • Developable Acres
    9.53 acresDevelopable Acres
  • Highest & Best Use
    MultifamilyHighest & Best Use
  • Zoning
    high-densit…Zoning

Description

We are offering Crystal Cove, a fully entitled multifamily development site at 1305 N Central Avenue in Avondale, Arizona. The property includes approximately 10.59 gross acres and 9.53 net developable acres and is priced at $6,250,000.

The approved concept calls for a 260-unit garden-style apartment community across 12 three-story residential buildings. The planned unit mix includes one-, two- and three-bedroom residences with private balconies or patios. Proposed community amenities include a swimming pool and spa, clubhouse, fitness center, dog park and landscaped open space.

The site is zoned for high-density residential development under PAD #PL-00-027. Site-plan and building entitlements are reported in place, and detailed design-development materials include architectural, structural, mechanical, electrical, plumbing and civil engineering plans. Buyers should independently confirm entitlement status, plan-transfer terms and remaining permit requirements with the City of Avondale.

Crystal Cove is positioned along Central Avenue with access to Interstate 10 and Loop 101. The West Valley location is near established neighborhoods, employment centers and retailers including Walmart, Sprouts and Costco. The property is identified as APN 500-10-110 and offers a defined path for a developer seeking an entitled multifamily project in the Phoenix metropolitan area.

Offering Summary

  • Asking Price
    $6,250,000
  • Price/Acre
    $590,179.41
  • Property Type
    Land
  • Properties
    1
  • Total Acres
    ~10.59 ac

Documents

Property Address

1305 North Central Avenue
Avondale, AZ 85323
1305 North Central Avenue
Avondale, AZ 85323
1305 North Central Avenue
Avondale, AZ 85323
1305 North Central Avenue
Avondale, AZ 85323

Property Details

  • Property Type
    Land/Development
  • Acres
    10.59
  • Developable Acres
    9.53
  • Zoning
    high-density residential (PAD #PL-00-027)
  • Highest & Best Use
    Multifamily
  • APN
    500-10-110

Deal Team

Ari Spiro profile image

Ari Spiro

Founding Principal
Orion Real Estate
AZ RE Lic. BR115272000