5 Acre lot in just outside of Phoenix, Arizona in Tonopah for $37,572.00 or pay only $329.00 per month. On November 2006 this 5 acre parcel sold for $125,000 and the 5 acres next to this sold for $115,000 so you can own it for a fraction of that price while prices are down still. The market is turning back around in Arizona as new housing developments are booming again. Many home builders are buying up land very fast here in the valley once again and building new houses. This is right off the freeway and next to town of Buckeye that got the last boom of new houses. This is going to be a great parcel to hold onto for a great investment as 5 acres is over 215,000 square feet of land at 329 feet x 662 feet plenty of land.
You will own this property Free and Clear! Would make a nice retirement spot, build a Custom home or just invest and pass onto your kids as there is no time limit to build and no HOA feees! This is a great opportunity to buy while it is a buyers market! Land is a great investment especially in Arizona. Land has always been a Great Investment!
Use it for a retirement lot, vacation spot or just keep for a great investment and pass it onto your kids. Build a house, retire, just have a get away place or anything else you can think as there is NO time limit to build. NO HOA or POA fees so the only yearly cost are the taxes which are less than $200 per year until you build on the land so upkeep is very inexpensive.You will own all 5 acres of buildable land in Arizona!!!
Similar property in the area is listed or sold for over $125,000.