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30/4120 Cortez Drive

Eloy AZ 85131

23967 sq. ft.
Land
Currently for sale - view listing

Overview

💰 Prime Multi-Family Development Opportunity in Eloy! Unlock the potential of this large level lot zoned R-3 (Multiple Family Residential) -- a rare chance for investors or builders looking to capitalize on Eloy's growing housing demand. This property allows for multi-family development with the potential for up to 12 units, while still permitting a single-family residence if desired. Major utilities are already within reach: electricity and sewer are on the property (connection required), and water is located less than 350 feet away, helping simplify the path toward development. The parcel is flat, buildable, and ready for the permitting process, making it an attractive option for developers seeking their next small apartment, townhome, or build-to-rent project. With flexible zoning and strong upside, this property presents an excellent opportunity to create income-producing housing in a growing Arizona market. Buyer and buyer's agent to verify all facts, zoning, utilities, and development potential with the City of Eloy.

Features

23967 sq. ft. lot size
Land

Happy sellers in Eloy

87%
87% of sellers in Eloy reported that their sale price either exceeded or met their price expectations.

Eloy stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Eloy over the last 12 months.

Local market activity for land plots in Eloy

In the last 12 months, 176 land plots similar to 30/4120 Cortez Drive, have been sold.

This represents a 36% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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