
Deer Valley Multifamily Development Opportunity
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
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