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.
Lot/land
$2,100,000
1152 E Monroe St #15, Phoenix, AZ 85034
--beds
--baths
0.54Acres
Land
Built in ----
0.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Walkable urban code
- 121 days
- on Zillow |
- 43 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: January 13, 2025 at 09:55am
Listed by:
Brian Dellis 602-550-5203,
Realty ONE Group,
David G White 602-525-6622,
Realty ONE Group
Source: ARMLS,MLS#: 6804118

Travel times
Facts & features
Property
Features
- Fencing: Chain Link
Lot
- Size: 0.54 Acres
- Dimensions: 235' x 104'
- Features: Historic District
- Topography: Level
- Residential vegetation: See Remarks
Details
- Additional structures: None
- Parcel number: 11643016
- Zoning: R5
- Special conditions: Owner/Agent
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Subdivision: PORTER BAXTER SUBDIVISION OF TRACT B MURPHYS ADDIT
HOA
- Has HOA: No
Location
- Region: Phoenix
Financial & listing details
- Annual tax amount: $7,075
- Date on market: 1/13/2025
- Listing terms: Cash,1031 Exchange,Conventional
- Electric utility on property: Yes
- Road surface type: Asphalt
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