www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29981138

2941 W Foothill Dr, Phoenix, AZ 85027

LevRose Commercial Real Estate
Listed by LevRose Commercial Real Estate
$610,000
98 days on market
Updated 98 days ago

Deer Valley Multifamily Development Opportunity

Details
APN 206-04-010A
Property Type Land
Sub Type Residential
Broker Co-Op Yes
Lot Size (SqFt) 31,164
Zoning R4-A
Ownership Fee Simple

Land | 31,164 SqFt

Marketing description

LevRose Commercial Real Estate is pleased to exclusively present 2941 W Foothill Drive, a compelling high-density residential development opportunity in Phoenix’s rapidly growing Deer Valley submarket. The ±0.81-acre site is hard-zoned for high-density residential, positioning the property for immediate execution without entitlement risk, and a quick timeline for development.

The property benefits from exceptional regional connectivity, with close proximity to Interstate 17, Loop 101, and State Route 51, providing efficient access throughout the Phoenix metropolitan area. Located approximately a 10-minute drive from the Taiwan Semiconductor Manufacturing Company’s $165 billion fabrication campus, the site is well positioned to capture housing demand driven by one of the largest economic development projects in the Southwest

Investment highlights

  • Full Development and Due Diligence File available upon request

  • Hard Zoned for High-Density Residential

  • ±10 Minute Drive Time to TSCM $165B Fab

  • Proximity to I-17, Loop 101, and SR-51

  • Over 4,000 Businesses within 3 mile radius

  • 1 mile Average Annual HH Income in excess of $92,000

Listing Contacts

LevRose Commercial Real Estate
Listed by LevRose Commercial Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591