$300,000

Exceptional Development Opportunity in the Heart of Phoenix! This rare property offers outstanding potential under the City of Phoenix's Medium Density Residential (R-2) zoning, which allows a variety or housing types at 8-30 units per acre, including single-family homes, townhomes, duplexes, triplexes, and multifamily housing, subject to City approval and developmental standards. The updated Land Development Code encourages creative, flexible housing designs while supporting the growth demand for diverse residential options. Whether you're a builder, developer, or investor, this is an opportunity to capitalize on one of Southern Oregon's most desirable growth markets. Buyer to perform their own due diligence regarding zoning, density, permitted uses, and development requirements. This is a unique development opportunity with flexible financing available for qualified buyers.