4120 N CORTEZ Street 30, Eloy, AZ 85131
TOLTEC/ARIZONA VALLEY UNIT ONE · Pinal County
Key Facts
Listing Courtesy: HomeSmart - 6022307600
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. 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.
Property Information
Property Type
Land
Lot Size
0.55 acres
Lot Dimensions
Irregular
Zoning
R-3
Listing #
6994741
Property Features
Fencing
Lot Features
Other Structures
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$50
Tax year 2025
Parcel Number
404-02-074
Directions
Copy and paste these coordinates on to your google maps for precise directions: 32.795242, -111.618555
Affordability Calculator
$5,980
Estimated monthly payment
$159/mo
Principal $23,920 · Est. interest $33,371 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Eloy, AZ
- $332,075
- Median Listing Price
- 104
- Median Days on Market
- 1,648
- Median Sq Ft
- $205
- Median Price / Sq Ft
- 102
- Active Listings
- This home’s price is 91% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Eloy, AZ.
Location
Getting Around
Points of Interest in Eloy, AZ
Showing the Eloy area map.
Nearby Schools
Toltec Headstart Program
School · 0.4 mi away
Villa Oasis Interscholastic Center for Education (Voice)
Secondary · 0.4 mi away
Toltec Elementary School
Elementary · 0.8 mi away
Curiel Primary School
Elementary · 4.2 mi away
Santa Cruz Valley Union High School
Secondary · 4.4 mi away
Eloy Elementary School District
Elementary · 4.7 mi away
Eloy Intermediate School
Elementary · 4.8 mi away
Eloy Junior High School
Secondary · 4.9 mi away
Arizona City Elementary School
Elementary · 5.3 mi away
Southwest Education Center
School · 7.1 mi away
Mary C O'Brien Elementary School
Elementary · 7.3 mi away
Mesquite Elementary
Elementary · 7.8 mi away
Grande Innovation Academy
Elementary · 8.4 mi away
Cavit - Vista Grande
Secondary · 8.5 mi away
Casa Verde Charter High School
Secondary · 8.5 mi away
Vista Grande High School
Secondary · 8.7 mi away
Picacho School
Elementary · 8.8 mi away
Palo Verde Elementary School
Elementary · 8.9 mi away
Ironwood Elementary School
Elementary · 9.2 mi away
Evergreen Elementary School
Elementary · 9.2 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 35248 S AVENIDA MONTANA -- 124, Eloy, AZ | $21,250 | — | — | — |
| 17997 S PINE Avenue 14, Eloy, AZ | $22,000 | — | — | — |
| 4325 & 4335 N Roble Circle -, Eloy, AZ | $22,000 | — | — | — |
| 3035 W PARAISO Drive 39, Eloy, AZ | $22,500 | — | — | — |
| 3025 W PARAISO Drive 40, Eloy, AZ | $22,500 | — | — | — |
| 35443 S AVENIDA MONTANA -- 117, Eloy, AZ | $22,900 | — | — | — |
Moving Cost Estimate
EXIT Agents in Eloy
Last Updated: 2026-03-06
LC506032017