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2854 E Wier Avenue , -

Phoenix, AZ 85040
  • $1,700,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 6986821
UPDATED: 185 min ago
$1,700,000
  • 0
    BEDS
  • 2.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units. " Civil plans completed. " Landscape plans completed. " Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2026-05-20T00:13:07.273.
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2854 E Wier Avenue , - Phoenix, AZ 85040

  • Price: $1,700,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 185 min ago
  • MLS #: 6986821
0
Beds
0
Baths
0
½ Baths
2.08
Acres
Neighborhood:
28TH STREET LOFTS
County:
Maricopa
Area:
Phoenix
Property Description
This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals. Highlights: " Final plat completed for 28 units. " Civil plans completed. " Landscape plans completed. " Complete MEP (HVAC, electrical, plumbing) engineering completed. This offering dramatically reduces timeline risk and carrying costs by eliminating the most unpredictable phases of development -- zoning, engineering coordination, and permit approval. Additionally, the project architect is available to answer any technical or design-related questions and assist the buyer throughout the transition process. The ownership team is prepared to support a smooth handoff and help facilitate the path to construction. Ideal for builders or multifamily developers seeking a near shovel-ready asset in a high-demand rental market.
Exterior Features

Fencing [] Horse Amenities [] Lot Features [] Other Structures [] Road Responsibility [] Road Surface Type [] Vegetation [] View []

Property Features

Association YN No Auction No Disclosures None Listing Terms CashConventional Possible Use [] Sewer Public Sewer Special Listing Conditions N/A Special Listing Conditions None Yes Tax Annual Amount 3269.8 Tax Other Annual Assessment Amount 0 Tax Year 2025 Water Source City Franchise Zoning R-3

Arizona Regional MLS logo Listing provided by Kidder Mathews: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Compass Real Estate. Data last updated 2026-05-20T00:13:07.273.
 
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Compass Real Estate
4222 N Marshall Way, Suite A
Scottsdale AZ, 85251