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3980 NW Grand Ave - L-M-154A 5.06 Acres of Commercial Land Offered at $2,213,650 CAD in Phoenix, AZ 85019


EXECUTIVE SUMMARY
OFFER TENDERED
ADOT will accept additional offers on or before December 15, 2025 at 2:00 p.m., for no less and no more than the minimum bid. Offers may be submitted to:
ADOT, 205 S. 17th Ave., Mail Drop 612E, Phoenix, AZ 85007-3212. If any additional offers are submitted, the property will be sold at a Public Auction on December 18, 2025 @10:00 a.m., at the ADOT Engineering Building located at the address listed above and by teleconference.
Minimum Bid: $1,585,800 Required Deposit: $100,000 Bid Increments: $25,000
CONDITION: Access to the state highway shall require the Grantee to provide a plan acceptable to the appropriate ADOT District. Please go to the following website for permit information: https://azdot.gov/business/permits/encroachment-permits
ADOT will accept additional offers on or before December 15, 2025 at 2:00 p.m., for no less and no more than the minimum bid. Offers may be submitted to:
ADOT, 205 S. 17th Ave., Mail Drop 612E, Phoenix, AZ 85007-3212. If any additional offers are submitted, the property will be sold at a Public Auction on December 18, 2025 @10:00 a.m., at the ADOT Engineering Building located at the address listed above and by teleconference.
Minimum Bid: $1,585,800 Required Deposit: $100,000 Bid Increments: $25,000
CONDITION: Access to the state highway shall require the Grantee to provide a plan acceptable to the appropriate ADOT District. Please go to the following website for permit information: https://azdot.gov/business/permits/encroachment-permits
PROPERTY FACTS
| Price | $2,213,650 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 5.06 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | C-3, R-5 - Commercial/Residential | ||
| Price | $2,213,650 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 5.06 AC |
| Opportunity Zone |
Yes |
| Zoning | C-3, R-5 - Commercial/Residential |
1 LOT AVAILABLE
Lot 1
| Price | $2,213,650 CAD | Lot Size | 5.06 AC |
| Price Per AC | $437,480.24 CAD |
| Price | $2,213,650 CAD |
| Price Per AC | $437,480.24 CAD |
| Lot Size | 5.06 AC |
Vacant land adjacent to W Grand Ave. (±220,244.72 sq. ft.)
1 1
PROPERTY TAXES
| Parcel Number | 107-03-006E | Improvements Assessment | $0 CAD |
| Land Assessment | $127,319 CAD | Total Assessment | $127,319 CAD |
PROPERTY TAXES
Parcel Number
107-03-006E
Land Assessment
$127,319 CAD
Improvements Assessment
$0 CAD
Total Assessment
$127,319 CAD
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3980 NW Grand Ave - L-M-154A
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