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Lot/land
  • $199,000

    2539 E Broadway Rd #12, Phoenix, AZ 85040

    --beds
    --baths
    7,009Square Feet
    Land
    Built in ----
    7,009 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    9 days
    on Zillow
    |
    48
    |
    6
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 29, 2025 at 10:57am

    Listed by:

    Zhobin Jawanmardi 602-828-4995,

    Compass,

    Adam Joffe 602-561-3633,

    Compass

    Source: ARMLS,MLS#: 6872616MLS Logo

    Travel times

    Facts & features

    Property

    Lot
    • Size: 7,009 Square Feet
    • Topography: Level
    • Residential vegetation: Natural Vegetation
    Details
    • Additional structures: None
    • Parcel number: 12257003A
    • Zoning: R-5

    Utilities & green energy

    • Electric: APS
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Subdivision: BROADWAY ESTATES LOTS 1-10, 33-52, 75-94
    HOA
    • Has HOA: No
    Location
    • Region: Phoenix

    Financial & listing details

    • Annual tax amount: $798
    • Date on market: 5/29/2025
    • Listing terms: Cash
    • Electric utility on property: Yes
    • Road surface type: Gravel
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