3041 N 70TH Street, Scottsdale, AZ 85251, Scottsdale, 85251 - 1 bed, 1 bath
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Scottsdale, AZ 85251
Analysis of 3041 N 70TH Street, Scottsdale, AZ 85251 is currently available with a list price of $813,750. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Scottsdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1935 with no evidence of major renovations, the property is marketed as a development opportunity. The listing description and analysis explicitly state the structure adds minimal value and is intended for demolition as part of a multi-parcel land assemblage.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8973, living area = 744.
Situated in the highly sought-after 85251 zip code of Scottsdale, this property offers exceptional value for developers looking to capitalize on a premium location near Old Town.
As part of a multi-parcel development opportunity, this lot provides a rare chance to acquire a significant footprint for a larger-scale project in a high-demand urban area.
The requirement to purchase this property in conjunction with three adjacent parcels limits the buyer pool exclusively to developers and prevents individual residential acquisition.
With a structure dating back to 1935 and only 744 square feet, the existing building adds little value to the high list price, necessitating demolition or extensive redevelopment costs.
DO NOT Disturb tenants. This property is part of a development opportunity and is listed in conjunction with 3 adjacent parcels. Individual parcels are not for sale.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.0 | 1% |
| Square foot | 744 | 1,876 | 1% |
| Lot Size | 8,973 | 7,740.5 | 75% |
| Price | $813.8K | $682.5K | 63% |
| Price per sq ft | $1.1K | $403 | 99% |
| Built year | 1935 | 1960 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 1416 | 2095 | 41% |
Jun 6, 2022
$813,750
Initial Listing