2854 E Wier Avenue Unit -, Phoenix, AZ 85040
- $1,700,000
- List Price
- $1,700,000
- Days on Market
- 160
- Status
- ACTIVE
- MLS#
- 6986821
- City
- Phoenix
- Lot Size
- 90,604
- Subdivision
- 28th Street Lofts
Property Description
This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units. " Civil plans completed. " Landscape plans completed. " Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.
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Additional Information
- Acres
- 2.08
- Electric
- SRP
- Lot Size
- 90,604
- New Financing
- Cash, Conventional
- Subdivision
- 28th Street Lofts
- Taxes
- $3,269
- Tax Year
- 2025
- Water
- City Franchise
- Zoning
- R-3
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Listing courtesy of Kidder Mathews.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.