235 E Jones Ave, Phoenix, AZ 85040
Wholesale Price: $42,000 Now Only $40,500 for a fast sale.
Retail Pricing: $64,209
That’s 62% of Retail Value.
This is a 10,268s.f. corner vacant lot zoned as R-4. There was a house on it, but it was removed many many years ago. It may be possible to split this into 2 lots so you can build 2 houses or build a multi-family. Comps in the area average $6.25 per square foot of land, and I am selling this for 62% of value at $3.94 per square foot.
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Details:
- Crossroads: E Broadway Rd & S. Central Ave
- 10,268 s.f. Lot
- Zoned R-4
- Possible subdivide to build 2 houses on this lot. Have 1 house facing Jones Ave and the other facing 3rd St. (buyer to verify this with city building department.)
Wholesale “Cash” Price: $42,000 Now Only $40,500
Comparative Sales:
Retail Average of $6.25/s.f. X 10,268s.f. = $64,209
- 1633 E Illini St – $6.22/s.f. – Sold $38,000 – 6,107s.f. lot
- 4005 S 7th St – $6.31/s.f. – Sold $69,000 – 10,943s.f. lot
- 4411 S 8th Pl – $6.23/s.f. – Sold $39,000 – 6,400s.f. lot
This price is for a quick cash sale and you will need to close quickly. Price is Net to seller and Buyer is responsible for paying all closing costs.
My Contact Info:
David Schardt
Call or text 602-299-0448
Freedom Real Estate LLC
david@phoenixhouses.org
How To Buy
Our properties sell extremely fast and are sold on a first come, first serve basis. The 1st person to return a fully signed contract AND place a $3,000 deposit into escrow will get the property.
You can call us with any questions at 602-299-0448
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