Emerging south Arcadia neighborhood near major FWYs, Sky Harbor, downtown Phx, ASU, and Old Town Scottsdale, making it appealing to residents & investors. Current stable, income-producing assets are investor goldmines! Or take advantage of built-in cash-flow during planning if you're looking to develop a luxury home or maximize the current R-3 zoning. This single-tax parcel streamlines redevelopment, and boosts ROI. Level topography and simple rectangular design make it even more developable. Attractive natural landscape adorns the fenced property providing a sense of privacy and serenity. Easy street frontage, no easement or REM issues, strong rental and resale comps, low carrying costs, utilities on property. This versatile lot in a desirable Phoenix area awaits your design.