5301 E THOMAS Road 3, Phoenix, AZ 85018

$3,500,000
Property Type: Land Lot Size (sq. ft.): 57,864 Status: Active
Current Price: $3,500,000 List Date: 1/14/2025 Last Modified: 4/21/2025

Description

The Papago, designed by Capital Allocation Partners is a permit ready, 56-unit, garden style 4 story project located in the lower Arcadia neighborhood of Phoenix. The Papago features a great mix of studios, 1-br, 2-br units, and a pool.

More Information MLS# 6804668

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,500,000 List Price: $3,500,000 Status: Active List Date: 2025-01-14

Location, Tax & Legal

Lot #: 3 Assessor's Map #: 25 Legal Description (Abbrev): ORANGEDALE PLACE MCR 16-41 LOT 3 N 375F OF E2 EX N 7F RD Assessor's Parcel #: 69 Assessor Parcel Ltr: Q Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 111201 Taxes: 13841 House Number: 5301 Compass: E Street Name: THOMAS St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85018 Zip4: 8011 County Code: Maricopa Assessor Number: 126-25-069-Q Subdivision: ORANGEDALE PLACE Tax Year: 2023

General Property Description

Apx Total Acres: 1.33 Apx Total Acres G/N: N Price Per Acre: 2631578.95 Apx SqFt: 57864 Price Per SqFt: 60.49 Apx SqFt G/N: N Lot Size Dimensions: 157'x367' Elementary School District: Balsz Elementary District High School District: Phoenix Union High School District Elementary School: Griffith Elementary School Jr. High School: Griffith Elementary School High School: Camelback High School Zoning: r-5

Legal Info

Range: 4E Section: 32 Township: 2N Lot Number: 3

Special Listing Cond

Owner/Agent: 1

Pmt & Rate Info

Equity: 3750000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Existing Land Use

Commercial Lot: 1

Zoned Presently

Multi-Family: 1

Parcel Size

1.00 - 2.49 Acres: 1

Development Status

Raw Land: 1

View

Mountain(s): 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Electric

SRP: 1

Gas

None: 1

Existing Structures

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Distance to Electric

On Property: 1

Distance to Gas

None: 1

Distance to Sewer

On Property: 1

Reports/Disclosures

Soil Test: 1 ALTA Survey Alba: 1

Environmental

Phase I Available: 1

Remarks Misc

Geo Lat: 33.479425 Geo Lon: -111.966628

Property Features

Special Listing Cond: Owner/Agent Existing Land Use: Commercial Lot Zoned Presently: Multi-Family Parcel Size: 1.00 - 2.49 Acres Development Status: Raw Land View: Mountain(s) Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property New Financing: Cash; Conventional Environmental: Phase I Available Lockbox Type: None Fencing: Chain Link
Listing Office: Fenix CRE
IDX
Last Updated: April - 21 - 2025
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