#6671981, Scott Liem, Listing Office: Acacia Properties
8026 S 24th St Unit 29 Phoenix, AZ 85042
Property details
About 8026 S 24th St Unit 29
This ±2.16-acre parcel offers a developer a prime development opportunity in a fantastic location. The site has a preliminary plan approved for 24 units but a developer could adjust it under the current zoning to allow for a lower density, ''for-sale'' townhome or cluster product or proceed with a high-density for-rent project. The site sits close to the base of South Mountain offering beautiful views of, and access to, the South Mountain Park. It is also walking distance to South Mountain Community College as well as is minutes away from both the popular Legacy and Raven Golf Courses. Its close proximity to the Airport (less than 15 minutes away) as well as to Downtown Phoenix (less than 20 minutes away) make this a great location for residents to enjoy all parts of the valley. This land investment is a multifamily development opportunity on ±2.16 acres of vacant land. It sits just south of the Baseline corridor in the popular South Mountain submarket. South of the Salt River, the South Mountain area is anchored by South Mountain Park, with extensive hiking trails and panoramic views from Dobbins Lookout. In the foothills are The Mystery Castle; a whimsical house with tours, the petite San Francisco Xavier Mission; built in 1940, in addition to several golf courses. Shopping plazas run the length of the otherwise residential area, with Phoenix Sky International Harbor Airport just minutes to the north. Beautiful mountain views are common to most developments in the area and this property is no exception, with the entrance to South Mountain Preserve being less than two miles to the south. The heart of downtown Phoenix is also just five miles north giving future residents access to all that downtown has to offer. The South Mountain submarket has long been popular with residents looking to live in a more rural-feeling area but still close to everything. With many dining, shopping, and entertainment options; as well as multiple freeway access points within minutes, this property will prove to be a phenomenal development opportunity in a phenomenal location.
Highlights
Summary
- MLS Number: 6812261
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: ABI Multifamily
- Office Phone: (602) 714-1400
- Listing Agent: John Klocek, Patrick Burch
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Last updated on: 2/6/2025, 6:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,080,000
8026 S 24th St Unit 29
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Price information
Property sales
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Nearby schools
1
Kaizen Education Foundation Dba South Pointe Elementary Scho
Public Charter KG-6
1.3 mi
•2033 E Southern Ave
1
John F. Kennedy Elementary School
Public District PK-3
1.6 mi
•6825 S 10th St
3
Asu Preparatory Academy - South Phoenix Intermediate School
Public Charter 3-6
2.8 mi
•5610 S Central Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,069. The majority of Phoenix, AZ residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 8026 S 24th St Unit 29
This home is located at 8026 S 24th St Unit 29 in Phoenix, AZ and zip code 85042 in the South Mountain Acres neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $1,080,000.
In January 2025 more than 128 listings in Phoenix, AZ were sold above the asking price. During the same period more than 242 listings were sold at asking price, while more than 583 were sold below. The number of homes for sale in Phoenix, AZ increased by 12.9% between December and January 2025. While the average time on the market in January 2025 was 74 days, the median list price was $455,485.