34406 N 12th Street
Phoenix, AZ, United States
  • 17.9 acres Lot Area
$12,500,000
Active

34406 N 12th Street Phoenix, AZ 85085

  • MLS # 6968500

Property Description

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.

Property Highlights

  • Annual Tax: $ 11343.0
  • Region: ARIZONA

Location

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