Chandler, AZ 85286,2 W Germann Road #-
Chandler, AZ 85286,2 W Germann Road #-
Chandler, AZ 85286,2 W Germann Road #-
5
$6,500,000
$6,500,000
Est.Price: ?

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11.79 Acres Lot

2 W Germann Road #- Chandler, AZ 85286

Est. payment /mo
SOLD DATE : 04/27/2020

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Key Details

Sold Price $6,500,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 5953013

Sold Date 04/27/20

HOA Y/N No

Originating Board Arizona Regional Multiple Listing Service (ARMLS)

Annual Tax Amount $210

Tax Year 2018

Lot Size 11.785 Acres

Acres 11.79

Lot Dimensions +/- 580x110x245x564x30x376x410x14x208x14x431

Property Description

This property consists of 513,363 SF (11.79 acres) of multifamily and commercially-zoned raw land, located in the heart of Chandler. The commercial zoning runs along Arizona Avenue, with the rest of the property zoned for multifamily. The East Valley of Phoenix has been the primary driver of development growth in recent years and the Phoenix MSA is now predicted to be the number one city in terms of residential development growth in 2017. The property has 785' of street frontage along Arizona Avenue and has 640' of street frontage along Germann Road. The property is one mile from the Loop 202, which provides great accessibility to the rest of the Valley and within close proximity to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler Municipal Airport.

Location

State AZ

County Maricopa

Zoning C-2 & M-3

Direction Located 1 mile from Loop 202 and close to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler-Gilbert Community College, and the Chandler Municipal Airport.

Exterior

Fence None

Building

Lot Description See Remarks

Sewer Other

Water Other

New Construction No

Others

Senior Community No

Tax ID 303-27-017-W

Acceptable Financing Other (See Rmks)

Listing Terms Other (See Rmks)

Financing Other

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Arizona Regional MLS (ARMLS)
Listed by Sperry Commercial
Bought with Sperry Commercial

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Lauren Ratzken

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