34406 N 12TH Street 0, Phoenix, AZ 85085
$12,500,000
Property Type: Land Lot Size (sq. ft.): 204,732 Status: Active
Current Price: $12,500,000 List Date: 1/15/2026 Last Modified: 1/15/2026
Overview
Description
Prime 17.9-acre parcel featuring approximately 616 feet of frontage along Carefree Highway. APS power is available to the property. A rare and significant asset includes three water sources: a 1'' city meter, a newly drilled well capable of producing up to 20 GPM (metered to 12 GPM), and an existing well producing approximately 3-5 GPM. Notably, the City of Cave Creek has not issued new water meters since December 2021. Currently zoned R-43, with the seller actively working with the county toward rezoning to C-2 zoning. Seller plans to invest over $1,000,000 in landscaping and drainage improvements. Survey completed, with traffic count study and topographic map underway. NOTE: Parcels 211-74-011, 211-74-012-F, & 211-74-015) are to be sold as a single transaction.
Listing Details MLS# 6968500
Location, Tax & Legal
- House Number
- 34406
- Compass
- N
- Street Name
- 12TH
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85085
- Zip4
- 9200
- County Code
- Maricopa
- Assessor Number
- 211-74-012-F
- Subdivision
- Carefree Hwy
- Tax Year
- 2025
- Lot #
- No
- Assessor's Map #
- 74
- Legal Description (Abbrev)
- S2 NE4 NE4 NW4 EX E 40' RD 4.70 AC
- Assessor's Parcel #
- 12
- Assessor Parcel Ltr
- F
- Add'l Parcels
- Yes
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 612000
- Taxes
- 11343
- Marketing Name
- 17.9 Acres
Contract Information
- For Sale or Lease?
- Sale
- Type
- Exclusive Right To Sell
General Property Description
- Apx Total Acres
- 4.7
- Apx Total Acres G/N
- G
- Price Per Acre
- 2659574.47
- Apx SqFt
- 204732
- Price Per SqFt
- 61.06
- Apx SqFt G/N
- G
- Lot Size Dimensions
- 616 x 2,258
- Horses
- Y
- Zoning
- R-43
- Flood Zone
- TBD
- Elementary School District
- Deer Valley Unified District
- High School District
- Deer Valley Unified District
- Elementary School
- Desert Mountain School
- Jr. High School
- Desert Mountain School
- High School
- Deer Valley High School
Remarks Misc
- Cross Street
- 12th Street & Carefree Hwy
- Directions
- Located at the southeast corner of 12 St and Deer Valley Highway.
Legal Info
- Township
- 5N
- Range
- 3E
- Section
- 9
Distance To Street
- Distance To Street Comments
- Adjacent to carefree highway
More Information
Showing Notification Methods
- Showing Service
- No Showing Service Used
- Text
- Yes
- Phone Call
- Yes
Contact Info
- List Agent Home Phn
- 480-215-1881
Special Listing Cond
- N/A
- Yes
Pmt & Rate Info
- Equity
- 12500000
- Total Owed
- 0
Assoc/Prop Info
- HOA Y/N
- N
- PAD Fee Y/N
- N
- Assessed Balance
- 0
- HOA 2 Y/N
- N
Lockbox Type
- See Private Remarks
- Yes
Existing Land Use
- Commercial Lot
- Yes
- Other (See Rmks)
- Yes
Zoned Presently
- Other (See Rmks)
- Yes
Potential Use
- Single Family
- Yes
- Commercial
- Yes
Parcel Size
- 10.00 - 19.99 Acres
- Yes
Proposed Density
- Other (See Rmks)
- Yes
Development Status
- Raw Land
- Yes
- Other
- Yes
View
- Other
- Yes
Elevation
- 2,001 - 3,000 Ft
- Yes
Vegetation
- Natural Vegetation
- Yes
Land Configuration
- Square Rectangular
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Gravel
- Yes
Traffic Count
- Not Available
- Yes
Fencing
- Pipe
- Yes
Water Source
- City Franchise
- Yes
- Private
- Yes
- Domestic Well
- Yes
Freeway/Highway
- Frontage
- Yes
Sewer
- Septic Tank
- Yes
- Other
- Yes
Electric
- APS
- Yes
Topography
- Level
- Yes
Gas
- None
- Yes
Existing Structures
- Garage(s)
- Yes
- Residence
- Yes
Irrigation
- None
- Yes
Distance to Cable
- Call Listing Office
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Distance to Phone
- Call Listing Office
- Yes
Distance to Water
- On Property
- Yes
Existing 1st Loan
- Conventional
- Yes
Distance to Electric
- On Property
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Distance to Gas
- None
- Yes
Distance to Sewer
- Call Listing Office
- Yes
Horse Features
- Other
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Boundary Survey Avlb
- Yes
- Water Well Report
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Property Features
Special Listing Cond: N/A Existing Land Use: Commercial Lot; Other (See Rmks) Zoned Presently: Other (See Rmks) Potential Use: Single Family; Commercial Parcel Size: 10.00 - 19.99 Acres Proposed Density: Other (See Rmks) Development Status: Raw Land; Other View: Other Elevation: 2,001 - 3,000 Ft Vegetation: Natural Vegetation Land Configuration: Square Rectangular Road Access Type: City Street Road Surface Type: Gravel Traffic Count: Not Available Topography: Level Existing Structures: Garage(s); Residence Water Source: City Franchise; Private; Domestic Well Irrigation: None Sewer: Septic Tank; Other Electric: APS Gas: None Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: Call Listing Office Existing 1st Loan: Conventional Existing 1st Loan Type: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable New Financing: Cash; Conventional Environmental: None Horse Features: Other Showing Notification Methods: Text; Phone Call Lockbox Type: See Private Remarks Fencing: Pipe
Documents
Lot map and dimensions › Listing Office: Coldwell Banker Realty
Last Updated: January - 15 - 2026
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