3222 W Madison St. #30, Phoenix, AZ 85009

Great corner lot location. Incredible potential for multi-family development, such as a 4-plex or other. Several multi-family developments currently exist in the area. Rental-property potential is very high. Based on recent closed sales in the area ( averaging $4.23/s.f.0) , this property is attractively priced at $3.79/s.f. This is a vacant lot, with no old building to demolish. The corner lot makes future construction easier than interior lots, allows for greater flexibility in building layout on the property, and allows for choosing access from either Madison or 32nd Dr. (or both) once property is developed.