2 W Germann Road $6,500,000

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    2 W Germann Road Chandler, AZ 85286

    UCB (Under Contract-Backups)

    $6,500,000

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    • 0.00 Acres
    • Land
    • MLS# 5953013
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    Views: 364 Days On Market: 219

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    Property Details

    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.

    • General Features
      • Assessor Book # 303.00
      • Assessor Map # 27.00
      • Assessor Number 303-27-017-W
      • Assessor Parcel # 17.00
      • Assessor Parcel Ltr W
      • Contingent Status UCB (Under Contract-Backups)
      • County Maricopa
      • Cross Street Arizona Ave & Germann Road
      • Directions Located 1 mile from Loop 202 and close to Downtown Chandler, Gilbert Crossroads Towne Center, Chandler-Gilbert Community College, and the Chandler Municipal Airport.
      • Existing Land Use Residential Lot, Commercial Lot, Other (See Rmks)
      • For Sale/Lease Sale
      • List Date 2019-07-01
      • Marketing Name VACANT LAND - C-2 & MF-3
      • New Financing Other (See Rmks)
      • Presently Zoned Multi-Family,Commercial,Other (See Rmks)
      • Special Listing Conditions N/A
      • Tax Municipality Chandler
      • Tax Year 2018
      • Taxes $210
      • Type ER
      • Zoning C-2 & M-3
    • Property Features
      • Approx Lot SqFt +/- 580x110x245x564x30x376x410x14x208x14x431
      • Apx. Total Acres 11.79
      • Legal Info: Lot Number -
      • Electric Other (See Rmks)
      • Fencing None
      • Gas Other (See Rmks)
      • Sewer Other (See Rmks)

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    Neighborhood

    85286 (Chandler) Demographics

    34 Median Age
    2,520 Population Density (per sq. mile)
    60% College Educated
    $95,931 Estimated Median Income
    8,508 Estimated Total Home Owners
    4,392 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    40,933 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $369,000 Median Sales Price
    56 Homes Sold
    63 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,500,000
        2/6/2020 11:09:04 AM Status Changed Source New Value: UCB (Under Contract-Backups)
        7/16/2019 4:10:00 PM New in Database Source

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        Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 2/21/2020 7:41:09 AM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.