OFF MARKET 85254 0.7 Acre Scrape Lot

5 Beds / 4 Baths • 6,000 SqFt
Offer Submission Deadline
  • Single Family House
  • 5
  • 4
  • 2025
  • 6000
  • 30927
  • Attached Garage

Description

OFF MARKET 85254 0.7 Acre Scrape Lot


Price: $1,450,000

0.71 acres

Scrape and Build New (5,500 - 6,000 Sq Ft)


***INVESTMENT BY THE NUMBERS***

  • ARV: $4,500,000 ($750/ft exit)
  • Lot Price: $1,450,000
  • Build Costs: $1,375,000 (6,000 Sq Ft New Build)
  • Carrying Costs: $250,000
  • Closing Costs: $225,000

INVESTOR YIELD: $1,200,000


EMD: $20k

COE: 04.30.25


Post Possession: Seller has 60 days post closing to move at no cost to seller.

Note: We have an email from City of Phoenix on set back lines; +18 feet on south property line.

Estimated Spread

  • ARV $4,750,000
  • Price $1,450,000
  • Spread $3,300,000