Exciting opportunity for developers. Vacant land, ready to be built on. This rare offering is zoned R-3 for multi-family development, presenting significant potential for various construction projects. All utilities located at the street. The lot measures 110 ft in width by 136 ft in depth and offers the additional possibility of being divided into two separate parcels.
Vacant landProperty Type
0.35 acresLot Size
$1,000,000Price/Acres
Listed by Matt Huff• Russ Lyon Sotheby's International Realty
Camelback East, located between Piestewa Peak and Papago Park, is a residential and commercial Phoenix neighborhood with mid-century ranch streetscapes and mountain-framed desert views. The neighborhood’s character concentrates around 40th Street and Camelback Road, where patios, boutiques, and coffee counters set a steady, walkable rhythm. The Henry anchors the scene with a polished dining room and lively bar. The global galleries and design-forward campus at Phoenix Art Museum add cultural gravity nearby. Arcadia’s citrus-era grid and Biltmore-area modernism shape the architecture, from low-slung homes to sleek condos. Trailheads and canal paths thread daily routines with outdoor time.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Other outbuildings on the property
Exterior features
North/South exposure
110' frontage with 137' depth
Home design
Property type: Residential (single parcel)
Construction
Built prior to or by 2025 (listing last active 2025)
Utilities
Electric service provided by APS
Public sewer
CAP water source
Financial info
2024 annual tax: $842
Electricity and solar
View estimated energy costs and solar savings for this home
*AGENTS, TO BETTER SERVE YOU, PLEASE REVIEW REALTOR REMARKS* Investor/contractor special! **HOME CONVEYS AS-IS, BUYER IS ENCOURAGED TO ORDER A HOME INSPECTION REPORT AND VERIFY ALL IMPORTANT INFORMATION NECESSARY @ BUYERS EXPENSE. SELLER CHOOSES TITLE.** no utilites on because of condition
Public Records
Sep 25, 1995
Sold
$55,000
Public Records
Aug 31, 1987
Sold
$55,000
Year
Property tax
Land + Additions
Assessment*
2025
$875 (+3.9%)
2024
$842 (+1.2%)
2023
$832 (+4.1%)
2022
$800 (−2.4%)
$24,270
2021
$819 (+2.5%)
$25,890
2020
$799 (+0.7%)
$22,635
2019
$794 (+2.1%)
$9,795
2018
$777 (+4.0%)
$9,795
2017
$747 (+9.4%)
$6,960
2016
$683 (+7.4%)
$1,220 + $4,910
$6,130
2015
$636 (+13.3%)
$1,210 + $4,840
$6,050
2014
$561 (+21.6%)
$930 + $3,730
$4,660
2013
$461 (−23.1%)
$650 + $2,600
$3,250
2012
$600 (−15.3%)
$930 + $3,750
$4,680
2011
$708 (−38.8%)
$1,200 + $4,830
$6,030
2010
$1,157 (−2.9%)
$2,510 + $10,040
$12,550
2009
$1,192
$3,200 + $12,800
$16,000
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.35 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Maricopa County
APN
12027016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 8, 2026.
R-3
Multifamily Residence District
The purpose of the multifamily residence districts is to provide for alternate living styles including rental, condominiums and single ownership of land with multiple units thereon or single or attached townhomes.; The density ranges offered are intended to allow for a greater interaction of residents with at least the opportunity for less individual maintenance, unit cost, and size as compared with a conventional single-family residence.; The design options of average lot subdivision, planned residential and single-family attached development are intended to provide flexibility as to unit placement, variable yard requirements, more reasonable and practical use of open spaces, staggered height limits up to three and four stories and more standardized parking and street improvement requirements. Bonus provisions are intended to facilitate and enhance the utilization of smaller infill parcels as well as unusual and irregular parcels throughout the City.; Along with the freedom that the multifamily district offers are certain responsibilities which must be met for project residents, but more importantly for the overall adjacent neighborhood. These are expressed in terms of standards and performance criteria. The standards internal to a project are intended to increase livability with amenities including landscaping, recreational facilities and project design. On the other hand the exterior standards provide a better fit, [and] better the project and the neighborhood environs. Criteria relating to setbacks, screening and landscaping are intended to reduce noise, maintain privacy and minimize psychological feelings to a change in development character and avoid any adverse effect on property values.
Permitted uses
Include but are not limited to:
Religious facility
Public service
Educational/school
Local insights from Redfin agents
The Biltmore area is where Phoenix goes to dress up a little—palm-lined streets, beautiful homes, great restaurants, upscale shopping, and just enough golf carts to remind you that leisure is taken seriously here. It’s sophisticated without being...
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
9/10 Heat Factor
7 days above 112° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Phoenix, AZ • 85008
Average low and high temperatures (°F)
69
45
78
52
85
58
87
61
95
69
106
79
107
84
108
85
102
79
92
66
77
52
74
48
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 10% for direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2950 E Granada Rd Unit -
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $369,000 and $417,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $369K to $417K.