About The Property

This ±1.34-acre infill site offers an entitled, shovel-ready multifamily opportunity in one of Phoenix's most active urban corridors. Approved for 17 townhomes for rent and located within both an Opportunity Zone and a Qualified Census Tract, the property is ideally timed for a developer looking to position ahead of the next multifamily cycle -- as the Phoenix pipeline thins and demand fundamentals reassert. C-2 zoning also supports a range of alternative uses -- including self-storage, specialty or high-end vehicle storage, and other commercial concepts -- for investors seeking flexibility. With direct I-10 access, proximity to Roosevelt Row, and a wave of residential development actively underway in Downtown Phoenix, this site is well-positioned for a developerRead MoreRead Less
Courtesy of R.O.I. Properties 602-319-1326
Listing Snapshot
Days Online
116
Last Updated
Property Type
Land
Lot Size
1.34 Acres
MLS Number
7022190
M. Logan
Top 2% performing AZ broker
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Additional Details

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Fence
See Remarks
Lot
1.34 acres, 58,492 sqft
Property
Zoning: C-2
Taxes
Annual amount: $2,025, Lot: -
Utilities
Other (See Rmks)
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30 Days Snapshot Of 85006
$410k
-23%
(avg) sold price
7
-12%
homes sold
179
+105%
(avg) days on market
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Monthly Payment
$0

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