31720 N Cave Creek Rd. #1, Cave Creek, AZ 85331

Bank owned 10.73 net acres of raw land in two parcels. Parcel one is 9.03 net acres and is fully platted and engineered for an eleven (11) lot gated subdivision. Parcel two is 1.70 net acres and is adjacent to Parcel 1 on its South boundary. Parcel 2 has preliminary plat approval for 3 half acre lots. The subdivision has Final Plat Approval by the City of Phoenix as recorded in Book 953 Page 44 of MCR. All civil engineering plans for construction are available for grading, paving, water and sewer. Site already has 404 wash permit form the Corp of Engineers. Parcel two is 1.70 net acres and is adjacent to parcel one on its South boundary East of the commercial center. Parcel two fronts on 48th St and the South boundary fronts on Lone Mountain Rd. Parcel two has preliminary plat approval from the City of Phoenix for three (3) half acre lots as recorded in book 593 page 44 of MCR. Parcel one and two have a total site area of 12.31 acres gross. All surveys and improvement plans are available for review during the inspection period. The property is being sold by the bank "As Is" and is priced to sell.