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$ 199,000
Est. payment /mo
Active
2539 E BROADWAY Road #12 Phoenix, AZ 85040
7,009 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Broadway Estates Lots 1-10, 33-52, 75-94
MLS Listing ID 6872616
HOA Y/N No
Annual Tax Amount $798
Tax Year 2024
Lot Size 7,009 Sqft
Acres 0.16
Lot Dimensions unknown
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often.
Parcels: 122-57-003-A & 112-57-005-A
Parcels: 122-57-003-A & 112-57-005-A
Location
State AZ
County Maricopa
Community Broadway Estates Lots 1-10, 33-52, 75-94
Zoning R-5
Exterior
Topography Level
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 122-57-003-A
Acceptable Financing Cash
Listing Terms Cash
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Listed by Compass