$12,500,000
34406 N 12TH Street 0
Phoenix, AZ 85085
MLS# 6968500

Overhead View.MLS
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Overhead View.MLS Land dimensions Proposed drainage map View East MLS View North MLS View West MLS View South MLS SW View Center Lot South lot SE view

Property 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.

Details
Maps
Documents
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $12,500,000
List Price: $12,500,000
Status: Active
List Date: 2026-01-12
Location, Tax & Legal
Lot #: 0
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
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
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
Flood Zone: TBD
Horses: Y
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
Zoning: R-43
Legal Info
Range: 3E
Section: 9
Township: 5N
Special Listing Cond
N/A: 1
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
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
See Private Remarks: 1
Existing Land Use
Commercial Lot: 1
Other (See Rmks): 1
Zoned Presently
Other (See Rmks): 1
Potential Use
Single Family: 1
Commercial: 1
Parcel Size
10.00 - 19.99 Acres: 1
Proposed Density
Other (See Rmks): 1
Development Status
Raw Land: 1
Other: 1
View
Other: 1
Elevation
2,001 - 3,000 Ft: 1
Vegetation
Natural Vegetation: 1
Land Configuration
Square Rectangular: 1
Road Access Type
City Street: 1
Road Surface Type
Gravel: 1
Distance To Street
Distance To Street Comments: Adjacent to carefree highway
Traffic Count
Not Available: 1
Fencing
Pipe: 1
Water Source
City Franchise: 1
Private: 1
Domestic Well: 1
Freeway/Highway
Frontage: 1
Sewer
Septic Tank: 1
Other: 1
Electric
APS: 1
Topography
Level: 1
Gas
None: 1
Existing Structures
Garage(s): 1
Residence: 1
Irrigation
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
On Property: 1
Existing 1st Loan
Conventional: 1
Distance to Electric
On Property: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
None: 1
Distance to Sewer
Call Listing Office: 1
Horse Features
Other: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Boundary Survey Avlb: 1
Water Well Report: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-215-1881
Remarks Misc
Cross Street: 12th Street & Carefree Hwy
Directions: Located at the southeast corner of 12 St and Deer Valley Highway.
Geo Lat: 33.797724
Geo Lon: -112.057839
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
IDX
Listing Office: Coldwell Banker Realty

Last Updated: January - 15 - 2026

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