Courtesy of Realty ONE Group
Property Description
Exceptional redevelopment opportunity in Downtown Phoenix, AZ. +/-23,500 SFT property, Zoned R-5, potential for higher density development under Walkable Urban Code and in an Opportunity Zone with potential for tax incentives. – Buyer and their experts to verify. The site is primed for transformation into multi-family housing, a modern light office space, or mixed-use development. Positioned near two key light rail stops at 12th Street and Washington, and 12th Street and Jefferson and convenient access to the I-10 and SR 51 freeways, the property ensures unparalleled accessibility. Located just 3/4 mile from the vibrant Stadium/Arena district, offering an abundance of dining, entertainment, and services.
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Property Details and Features
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Building
- Other structures: “None”
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Fence
- “Chain Link”
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Listing
- Listing ID: 6804118
- Standard status: Active
- 116 days on market
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Location
- Subdivision name: PORTER BAXTER SUBDIVISION OF TRACT B MURPHYS ADDIT
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Lot
- 0.54 acres
- 23,547 sqft
- “Historic District”
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Property
- Zoning: R5
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Schools
- Elementary school: Lowell Elementary School
- High school district: Phoenix Union High School District
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Sewer
- “Public Sewer”
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Taxes
- Annual amount: $7,075
- Lot: 15
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Utilities
- “APS”
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This content last updated on May 10, 2025 2:07AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.