Sold

2 W Germann Road Unit: -

Chandler AZ, 85286

$6,500,000


$12.66 per sqft

Sold

11.79 Acres

Land

This property consists of 513,363 SF (11.79 acres) of multifamily and commercially-zoned raw land, located in the heart of Chandler. The commercial zoning runs along Arizona Avenue, with the rest of the property zoned for multifamily. The East Valley of Phoenix has been the primary driver of development growth in recent years and the Phoenix MSA is now predicted to be the number one city in terms of residential development growth in 2017. The property has 785' of street frontage along Arizona Avenue and has 640' of street frontage along Germann Road. The property is one mile from the Loop 202, which provides great accessibility to the rest of the Valley and within close proximity to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler Municipal Airport.

5953013

MLS ID

July 1, 2019

Listed

March 20, 2024

Updated

Map

2 W Germann Road Unit: -
Chandler AZ, 85286

Exterior/Building Features

Lot Size

11.79 Acres


Sewer

Other

Other Property Details

Taxes

$210


Tax Frequency

Annually


Days on Market

301


Garage

No


View

No


County

Maricopa


Water Source

See Remarks


Pool

No


Zoning

C-2 & M-3


Buyer Agency Compensation

3%

Courtesy of Sperry Commercial, Neil Sherman

Listing Contact: 602-695-6650 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Stephanie Mitchell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data Last Updated: 11:16 PM UTC, 3/20/2024.

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