Southwest Corner of Indian School Rd & Marshall Way

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Southwest Corner of Indian School Rd & Marshall Way

Scottsdale, AZ 85251
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.43 acres <ul><li>​Call for Pricing & Details</li><li>​Sites Can be Sold Separately</li><li>​Fully Entitled for 81 Multifamily Units</li><li>​Alternative Development Opportunities - Condo, Restaurant or Retail - All Subject to City Approval</li><li>​Number of Units 30</li><li>​Square Footage ±33,559 SF</li><li>​Building Height 48’</li><li>​Approved 81 dwelling units across two buildings (4 and 5 stories)</li><li>​5,000 SF retail space within the south building</li><li>​Prominent visibility fronting Indian

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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