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320 Hatcher Rd
Phoenix, AZ 85020 North Mountain

$695,000 USD

Land For Sale  •  0.68 AC

Property Details

  • Property Type Land
  • Lot Size 0.68 AC
  • Zoning R-5
51 Transit Score
84 Walk Score

Description

Shovel ready, fully approved project awaiting a developer to pull permits. Plan set conveys with sale. This 2 story, 20 unit multi-family project is zoned as R-5 High Density Multi-Family located within the Hatcher District Overlay that allows restaurants, office, and retail within new developments. There are 10 garages, 20 additional surface parking spaces, 4 three bed/two bath, 6 two bed/two bath, 2 one bed/one bath, and 8 studios. The development consists of 16,396 square feet.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $291,875 USD (2026)
Total Expenses: $80,785 USD

Public Transportation

AirportDriveWalkDistance
Phoenix Sky Harbor International 24 min - 13.4 mi
Phoenix-Mesa Gateway 57 min - 40.5 mi
Keith Grayson 602-418-0350 Grayson Real Estate
Keith Grayson 602-418-0350 Grayson Real Estate