Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

962 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

1152 E Monroe St 0.55 Acres of Residential Land Offered at $1,950,000 in Phoenix, AZ 85034

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Property Size: Approximately 23,500 sq. ft. Dimensions: +/-235’ X +/-104’
Nearby Attractions: Chase Field, Footprint Center, Phoenix Convention, CityScape, ASU & UA DT Campuses, Roosevelt Row

Redevelopment Options: Buyer to verify, Multi-family housing, light office, mixed-use. Potential for Re-Zone to “Walkable Urban Code”
Light Rail Access: Approximately 1/4 mile to the12th Street and Washington stop and the 12th Street and Jefferson stop.

EXECUTIVE SUMMARY

Exceptional redevelopment opportunity in Downtown Phoenix, AZ. +/-23,500 SQFT 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.

1152 Monroe SPDS

Alta Survey

Title Report

PROPERTY FACTS Under Contract

Price	$1,950,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Multifamily
Sale Conditions	1031 Exchange Redevelopment Project	Total Lot Size	0.55 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-5 - R-5

Price	$1,950,000
Sale Type	Investment
Sale Conditions	1031 Exchange Redevelopment Project
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Multifamily
Total Lot Size	0.55 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R-5 - R-5

1 LOT AVAILABLE

Lot

Price	$1,950,000	Lot Size	0.55 AC
Price Per AC	$3,545,454.55

Price	$1,950,000
Price Per AC	$3,545,454.55
Lot Size	0.55 AC

1 1

Walk Score®

Very Walkable (77)

Bike Score®

Very Bikeable (83)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 116-43-014 116-43-013 116-43-016 116-43-015	Improvements Assessment	$0
Land Assessment	$23,576	Total Assessment	$53,413

PROPERTY TAXES

Parcel Numbers

Multiple

116-43-014
116-43-013
116-43-016
116-43-015

Land Assessment

$23,576

Improvements Assessment

Total Assessment

$53,413

(602) 550-5203

CONTACTS

Brian Dellis
David White
Realty ONE Group Paradise Valley

Listing ID: 34464022
Date on Market: 1/13/2025
Last Updated:
Address: 1152 E Monroe St, Phoenix, AZ 85034

1 of 9

VIDEOS

MATTERPORT 3D EXTERIOR

MATTERPORT 3D TOUR

PHOTOS

STREET VIEW STREET

MAP

1152 E Monroe St, Phoenix, AZ for sale Primary Photo- Image 1 of 9 — 1

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 2 of 9 — 2

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 3 of 9 — 3

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 4 of 9 — 4

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 5 of 9 — 5

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 6 of 9 — 6

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 7 of 9 — 7

1152 E Monroe St, Phoenix, AZ for sale Building Photo- Image 8 of 9 — 8

1 of 1

Share This Listing

Still interested?