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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

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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

PROPERTY FACTS

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
Price Per AC $437,480.24 CAD
Lot Size 5.06 AC

Vacant land adjacent to W Grand Ave. (±220,244.72 sq. ft.)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
107-03-006E
Land Assessment
$127,319 CAD
Improvements Assessment
$0 CAD
Total Assessment
$127,319 CAD
  • Listing ID: 30065200

  • Date on Market: 2023-11-15

  • Last Updated:

  • Address: 3980 NW Grand Ave, Phoenix, AZ 85019

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