8026 S 24th St Unit 29 Phoenix, AZ 85042

$1,080,000
2.2 acres
Land

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

Home typeOther
StatusActive
Lot size2.16 Acres
MLS #6812261

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

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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.

All data from GreatSchools

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.

How much money do the neighbors make?

15%
<35k
48%
35k-100k
31%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

38%
Single, No Kids
11%
Single, with Kids
30%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
7%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Symphony or OperaSymphony or Opera
  • Minor League Baseball GamesMinor League Baseball Games

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Chico'sChico's
  • IKEAIKEA

Where do the neighbors go to eat?

  • QdobaQdoba
  • Boston MarketBoston Market
  • Chick-fil-AChick-fil-A

What do the neighbors drive?

  • InfinitiInfiniti
  • VolvoVolvo
  • KiaKia

What do the neighbors listen to?

  • Active RockActive Rock
  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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