$4,300,000
5301 E THOMAS Road, 3
Phoenix, AZ 85018
MLS# 6652878



5301 E THOMAS Road, 3, Phoenix, AZ 85018
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5301 E THOMAS Road, 3, Phoenix, AZ 85018 5301 E THOMAS Road, 3, Phoenix, AZ 85018

Property 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.

Details
Maps
Contract Information
Current Price: $4,300,000
List Price: $4,300,000
Status: Active
List Date: 2024-01-19
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 1.75
Variable Commission: N
Location, Tax & Legal
House Number: 5301
Compass: E
Street Name: THOMAS
St Suffix: Road
Lot #: 3
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85018
Zip4: 8011
Country: USA
County Code: Maricopa
Assessor's Map #: 25
Assessor's Parcel #: 69
Assessor Parcel Ltr: Q
Add'l Parcels: No
Assessor Number: 126-25-069-Q
Legal Description (Abbrev): ORANGEDALE PLACE MCR 16-41 LOT 3 N 375F OF E2 EX N 7F RD
Subdivision: ORANGEDALE PLACE
Census Tract: 111201
Tax Municipality: Phoenix
Taxes: 13841
Tax Year: 2023
General Property Description
Apx Total Acres: 1.33
Apx Total Acres G/N: N
Price Per Acre: 3233082.71
Apx SqFt: 57864
Price Per SqFt: 74.31
Apx SqFt G/N: N
Lot Size Dimensions: 157'x367'
Zoning: r-5
Elementary School: Griffith Elementary School
Jr. High School: Griffith Elementary School
High School: Camelback High School
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Remarks & Misc
Geo Lat: 33.479428
Geo Lon: -111.966639
Status Change Info
Status Change Date: 2024-01-19
Legal Info
Township: 2N
Range: 4E
Section: 32
Lot Number: 3
Pmt & Rate Info
Equity: 4480000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Notification Methods
Showing Service: No Showing Service Used
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
Land Features: Mountain View(s)
Existing Structures: None
Water: 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
Reports/Disclosures: Soil Test; ALTA Survey Alba
Environmental: Phase I Available
Lockbox Type: None
Fencing: Chain Link

Listing Office: Fenix CRE

Last Updated: April - 24 - 2024

5301 E THOMAS Road, 3, Phoenix, AZ 85018 - MLS# 6652878
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