Price reduction from original $795,000 (January appraisal) SELLER CARRYBACK...Huge opportunity for development. Home currently on 2.5 Acre property. Do notlet your buyers/investors miss this opportunity. 2.5 acres in Downtown Phoenix surrounded by brand new multi Million dollar dovelopemints. The twin Property next door @ $399,000, 2.5 Acre is also available to Present a 5 Acre development opportunity. Neighborhood Description Phoenix,Az the capital of Arizona, is located on the upper edge of the Sonoran Desert. It is situated in the south-central portion of the state at the intersection of Interstates 17 and 10. Phoenix is an agricultural, industrial and service center. It is surrounded by 22 other cities in the Valley of the Sun where western style homes and sprawling shopping malls abound. Phoenix remained a small farming community until the 1930s when tourism began to flourish due to the warm climate and healthy environment. The population grew in rapidly, making Phoenix the 7th largest city in the U.S. today.
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