4120 N CORTEZ Street 30, Eloy, AZ 85131 (MLS# 6994741)

4120 N CORTEZ Street 30, Eloy, AZ 85131

$29,900
Property Type: Land Lot Size (sq. ft.): 23,967 Status: Active
Current Price: $29,900 List Date: 3/06/2026 Last Modified: 7/17/2026

Overview

Description

💰 Prime Multi-Family Development Opportunity in Eloy! Unlock the potential of this large level lot zoned R-3 (Multiple Family Residential) -- a rare chance for investors or builders looking to capitalize on Eloy's growing housing demand. This property allows for multi-family development with the potential for up to 12 units, while still permitting a single-family residence if desired. Major utilities are already within reach: electricity and sewer are on the property (connection required), and water is located less than 350 feet away, helping simplify the path toward development. The parcel is flat, buildable, and ready for the permitting process, making it an attractive option for developers seeking their next small apartment, townhome, or build-to-rent project.

Supplements: With flexible zoning and strong upside, this property presents an excellent opportunity to create income-producing housing in a growing Arizona market. Buyer and buyer's agent to verify all facts, zoning, utilities, and development potential with the City of Eloy.

Listing Details MLS# 6994741

Location, Tax & Legal

House Number
4120
Compass
N
Street Name
CORTEZ
St Suffix
Street
City/Town Code
Eloy
State/Province
AZ
Zip Code
85131
Zip4
2300
Country
US
County Code
Pinal
Assessor Number
404-02-074
Subdivision
TOLTEC/ARIZONA VALLEY UNIT ONE
Tax Year
2025
Lot #
30
Assessor's Map #
2
Legal Description (Abbrev)
LOT 30 BLOCK D TOLTEC/ARIZONA VALLEY UNIT ONE CAB 10 SLD 51
Assessor's Parcel #
74
Add'l Parcels
No
Tax Municipality
Eloy
Census Tract
2001
Taxes
50

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.55
Apx Total Acres G/N
G
Price Per Acre
54363.64
# Lots in Listing
Yes
Apx SqFt
23967
Price Per SqFt
1.25
Apx SqFt G/N
G
Lot Size Dimensions
Irregular
Horses
N
Zoning
R-3
High School District
Casa Grande Union High School District

Remarks Misc

Cross Street
Frontier & Toltec Rd
Directions
Copy and paste these coordinates on to your google maps for precise directions: 32.795242, -111.618555

Legal Info

Township
07S
Range
07E
Section
22
Lot Number
30

Showing Notification Methods

Showing Service
No Showing Service Used

More Information

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
29900
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0

Lockbox Type

None
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Single Family
Yes
Multi-Family
Yes

Potential Use

Single Family
Yes
Multi-Family
Yes

Parcel Size

.25 - .49 Acres
Yes

Development Status

On Site Imp Needed
Yes

Land Features

Corner Lot
Yes
Dual Street Ftg
Yes
East/West Exposure
Yes

View

Mountain(s)
Yes

Vegetation

Low Desert
Yes

Land Configuration

Irregular Shape
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer - Available
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes
No Carry
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

Under 350 Feet
Yes

Distance to Sewer

Under 350 Feet
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Single Family; Multi-Family Potential Use: Single Family; Multi-Family Parcel Size: .25 - .49 Acres Development Status: On Site Imp Needed Land Features: Corner Lot; Dual Street Ftg; East/West Exposure View: Mountain(s) Vegetation: Low Desert Land Configuration: Irregular Shape Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public; Sewer - Available Electric: APS Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional; No Carry Environmental: None Lockbox Type: None Fencing: None
IDX
Listing Office: HomeSmart
Last Updated: July - 17 - 2026
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