820 E Chipman Road Unit 1, Phoenix, AZ 85040

$153,000

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List Price
$153,000
Price Change
▼ $17,000 1782731937
Days on Market
209
Status
ACTIVE
MLS#
6962362
City
Phoenix
Lot Size
11,274
Subdivision
Pritchard Place

Property Description

This vacant land parcel presents a rare development opportunity in the South Phoenix (85040)area — a location with strong redevelopment momentum just minutes from Downtown Phoenix and key transportation corridors. The subject site lies within a primarily residential and mixed-use corridor of East Chipman Road, positioned near a mix of single-family homes, multifamily properties, and redevelopment parcels. The surrounding area exhibits diverse housing types, ranging from traditional single-family lots to larger multifamily investment properties — reflecting increasing demand for urban-proximate infill land. Development Potential: Nearby parcels along Chipman Road have been marketed or traded as development sites for residential and multifamily projects, underlining the strong redevelopment potential of infill lots in this section of the 85040 zip code.

Additional Information

Acres
0.26
Lot Size
11,274
New Financing
Cash, Conventional
Lot Features
North/South Exp, Adjacent to Wash
Sewer
See Remarks
Subdivision
Pritchard Place
Taxes
$468
Tax Year
2025
Water
City Franchise
Zoning
R3

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Calculator source: Real Geeks

Listing courtesy of My Home Group Real Estate.

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