34406 N 12th Street, Phoenix, AZ

$8,900,000

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17.90

Acres

About 34406 N 12th Street

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.

Features of 34406 N 12th Street

MLS® # 6968500
Price $8,900,000
Acres 17.90
Type Land
Status Active

Community Information

Address 34406 N 12th Street
Subdivision Carefree Hwy - 17.9 Acres
City Phoenix
County Maricopa
State AZ
Zip Code 85085

Amenities

View Other
Is Waterfront No
Has Pool No

Interior

Fireplace No

School Information

District Deer Valley Unified District
Elementary Desert Mountain School
Middle Desert Mountain School
High Deer Valley High School

Additional Information

Zoning R-43
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Realty

Listing Map

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