8925 N COTTON Lane $3,000,000

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    8925 N COTTON Lane Waddell, AZ 85355

    • 7.29 Acres
    • Land
    • MLS# 6007967
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    Views: 21 Days On Site: 430

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    Property Details

    Prime Investment corner adjacent to the 303 Freeway that has all off-site improvements already installed including curb, gutter and landscaping. Curb cuts exist on both Olive and Cotton Lane. Site has an existing home on the property (2,976 sf) that is very well appointed and very livable for temporary income while development is being considered. This is a former citrus grove however citrus tree are no longer under management. This site could be a fantastic wedding venue facility with some TLC again prior to future development as roof tops continue to surround this property. Currently there are over 8,000 homes existing and planned for the immediate area within 2 miles of this property. General Plan calls for regional mixed use. (Glendale)

    • General Features
      • County Maricopa
      • Cross Street Cotton Ln & Olive Ave
      • Directions North on Cotton Ln. Turn right (east) directly into the property just before Olive Ave.
      • Existing Land Use Residential Lot
      • For Sale/Lease Sale
      • List Date 2019-10-23
      • New Financing Cash,Conventional
      • Potential Use Commercial,Office,Pad Site,Recreational,Single Family
      • Presently Zoned Single Family
      • Special Listing Conditions N/A
      • Tax Year 2019
      • Taxes $3,214
      • Type EA
      • Zoning RU-43
    • Property Features
      • Approx Lot SqFt 7.29 AC
      • Apx. Total Acres 7.29
      • Elevation Source Global Position Sys
      • Elevation 1,001 - 2,000 Ft
      • Legal Info: Lot Number -
      • Electric APS
      • Fencing Block
      • Gas SW Gas
      • Land Features Corner Lot
      • Sewer Other (See Rmks)
      • Vegetation Orchrd/Grve/Vineyrd
      • Water Private Franchise
    • Schools
      • Elementary School Mountain View Elementary School
      • High School Shadow Ridge High School
      • Middle School Mountain View - Waddell
      • School District 089 - Dysart Unified District

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    Neighborhood

    85355 (Waddell) Demographics

    34 Median Age
    324 Population Density (per sq. mile)
    40% College Educated
    $85,421 Estimated Median Income
    2,714 Estimated Total Home Owners
    534 Estimated Total Renters
    84% / 16% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    11,380 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $386,950 Median Sales Price
    28 Homes Sold
    15 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,000,000
        11/22/2019 2:28:00 PM New in Database Source New Value: $3,000,000

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        About

        Matt Rivera

        Matt Rivera Regional Mortgage Manager

        Matt Rivera – Regional Mortgage Manager, Long Mortgage

        Matt Rivera has more than 18 years of experience in the lending industry. He has experience in a wide variety of positions vital to the originating, funding and eventual sale of residential mortgages.  Matt currently manages a team of Mortgage Consultants, Processors and Closer in multiple states. Matt is a native Tucsonan and a graduate of the University of Arizona’s Eller College of Management with a major in Finance.  

        Copyright 2021 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. Data last updated 1/25/2021 5:59:49 PM. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.