9871 E Cholla St. #2, Scottsdale, AZ 85260

9871 E Cholla St. #2, Scottsdale, AZ 85260
Photo 1 of 1
$570,000
Sold on 12/26/18
Beds Baths Sq. Ft. Taxes Built
0.00 0 $2,743
On the market: 144 days
View full details, 15 photos, school info, and price history
Located in the HEART of Scottsdale, in prestigious Cactus Corridor. NO HOA! Almost an acre of flat usable land to build your dream home. Surrounded by multi-million dollar homes this lot offers what most properties cannot, space for a huge yard for kids and pets to play! This lot is priced to sell, finding a large lot like this in Central Scottsdale for under $600k is rare. Based on newly constructed homes in the corridor selling around the $400 a square foot price point, this allows room for plenty of equity in your house for you to ''flip'' this investment for profit. EXAMPLE: Build a 5,700 sq ft home for $210 a ft + $595k for cost of land = $1,792,000. Sell for $2,280,000, GROSS PROFIT = $488,000 before costs of sale. Or... simply build your dream house with plenty of built-in equity
Listing courtesy of Kelly Cook, Keller Williams Arizona Realty