Life Real Estate


$3,000,000
8925 N COTTON Lane, -
Waddell, AZ 85355
MLS# 6007967



8925 N COTTON Lane, -, Waddell, AZ 85355
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8925 N COTTON Lane, -, Waddell, AZ 85355

Property Description
Prime Investment corner adjacent to the 303 Freeway that has all off-site improvements already installed including curb, gutter and landscaping. Curb cuts exist on both Olive and Cotton Lane. Site has an existing home on the property (2,976 sf) that is very well appointed and very livable for temporary income while development is being considered. This is a former citrus grove however citrus tree are no longer under management. This site could be a fantastic wedding venue facility with some TLC again prior to future development as roof tops continue to surround this property. Currently there are over 8,000 homes existing and planned for the immediate area within 2 miles of this property. General Plan calls for regional mixed use. (Glendale)

Details
Maps
Documents
Contract Information
Current Price: $3,000,000
List Price: $3,000,000
Status: Active
List Date: 2019-10-23
For Sale or Lease?: Sale
Type: EA
Location, Tax & Legal
Map Code/Grid: M27
House Number: 8925
Compass: N
Street Name: COTTON
St Suffix: Lane
Lot #: -
City/Town Code: Waddell
State/Province: AZ
Zip Code: 85355
Zip4: 9750
Country: USA
County Code: Maricopa
Assessor's Map #: 5
Assessor's Parcel #: 6
Assessor Parcel Ltr: H
Add'l Parcels: No
Assessor Number: 501-05-006-H
Legal Description (Abbrev): NW4 NW4 NW4 SEC 36 EX COM AT NW SD SEC TH S 673.98F TH E 33.01F POB TH E 629.49F TH N 630.72F TH E 1
Census Tract: 61044
Tax Municipality: Maricopa - COUNTY
Taxes: 3214
Tax Year: 2019
General Property Description
Apx Total Acres: 7.29
Apx Total Acres G/N: G
Price Per Acre: 411522.63
Apx SqFt: 317700
Price Per SqFt: 9.44
Apx SqFt G/N: G
Apx Lot Size Range: 7.29 AC
Zoning: RU-43
Elementary School: Mountain View Elementary School
Jr. High School: Mountain View - Waddell
High School: Shadow Ridge High School
Elem School Dist #: 089 - Dysart Unified District
High School Dist #: 089 - Dysart Unified District
Remarks & Misc
Cross Street: Cotton Ln & Olive Ave
Directions: North on Cotton Ln. Turn right (east) directly into the property just before Olive Ave.
Geo Lat: 33.565142
Geo Lon: -112.425653
Status Change Info
Status Change Date: 2020-10-16
Legal Info
Township: 3N
Range: 2W
Section: 36
Lot Number: -
Pmt & Rate Info
Equity: 2223000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Showing Instructions
To Schedule Showing: Contact Via Text, Phone or Email
Primary Showing Contact: List OR Co-List Agent
ARMLS Lockbox: No
Contact Info
List Agent Cell Phn: 480-848-3168
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family
Potential Use: Single Family; Commercial; Office; Pad Site; Recreational
Parcel Size: 5.00 - 9.99 Acres
Current Density: 00 - 01 Units P/Acre
Proposed Density: 02 - 05 Units P/Acre; 06 - 10 Units P/Acre
Development Status: Off Site Imp Complte
Land Features: Corner Lot
Elevation: 1,001 - 2,000 Ft
Elevation Source: Global Position Sys
Vegetation: Orchrd/Grve/Vineyrd
Land Configuration: Irregular Shape
Roads/Streets: Asphalt
Traffic Count: Not Available
Freeway/Highway: Up to 1 Mile
Railroad: RlRd up to 1 Mile
Topography: Level
Existing Structures: Residence
Water: Private Franchise
Sewer: Other (See Rmks)
Electric: APS
Gas: SW Gas
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: On Property
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional
Reports/Disclosures: None
Environmental: None
Fencing: Block

Listing Office: City to City Commercial

Last Updated: March - 05 - 2021

8925 N COTTON Lane, -, Waddell, AZ 85355 - MLS# 6007967

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