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1230 E Roeser Rd 4.86 Acres of Residential Land Offered at $2,000,000 in Phoenix, AZ 85040
Investment Highlights
- Zoned R-3 Multi-Family, allowing for a range of residential development options.
- Positioned within the City of Phoenix’s no impact fee area, reducing development costs.
Executive Summary
This 5-acre parcel offers a rare infill development opportunity in the heart of Phoenix, Arizona. Located just west of the northwest corner of Roeser Road and 16th Street, the property benefits from its proximity to Downtown Phoenix and major transportation corridors, including Interstate 10 and State Route 143. The site is situated within the City of Phoenix’s no impact fee area, providing a cost advantage for developers.
Zoned R-3 Multi-Family, the property is well-suited for residential development, including single-family or multi-family projects. Its rectangular configuration and generous dimensions (approximately 982 feet by 215 feet) allow for efficient site planning and design flexibility. Utilities are available nearby, with details available through the listing office.
This location offers convenient access to employment centers, retail amenities, and public transportation, making it attractive for future residents. With strong demand for housing in the Phoenix metro area and limited infill land availability, this parcel represents a compelling investment for developers seeking to capitalize on the region’s growth trajectory.
Zoned R-3 Multi-Family, the property is well-suited for residential development, including single-family or multi-family projects. Its rectangular configuration and generous dimensions (approximately 982 feet by 215 feet) allow for efficient site planning and design flexibility. Utilities are available nearby, with details available through the listing office.
This location offers convenient access to employment centers, retail amenities, and public transportation, making it attractive for future residents. With strong demand for housing in the Phoenix metro area and limited infill land availability, this parcel represents a compelling investment for developers seeking to capitalize on the region’s growth trajectory.
Property Facts
| Price | $2,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 4.86 AC |
| Property Type | Land | ||
| Zoning | R-3 - Residential | ||
| Price | $2,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 4.86 AC |
| Zoning | R-3 - Residential |
1 Lot Available
Lot
| Price | $2,000,000 | Lot Size | 4.86 AC |
| Price Per AC | $411,522.63 |
| Price | $2,000,000 |
| Price Per AC | $411,522.63 |
| Lot Size | 4.86 AC |
5-acre infill lot zoned R-3 Multi-Family in Phoenix’s no impact fee area. Rectangular site near Downtown with easy access to major highways, utilities nearby, and strong residential development potential.
Description
The property is located West of the Northwest corner of Roeser and 16th Street in Phoenix, Arizona. Great infill location within the City of Phoenix with favorable R-3 Multi-Family zoning already in place. It is located just minutes away from Downtown Phoenix, Phoenix Sky Harbor International Airport, and major freeways.
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 113-53-011 | Improvements Assessment | $0 |
| Land Assessment | $33,708 | Total Assessment | $33,708 |
Property Taxes
Parcel Number
113-53-011
Land Assessment
$33,708
Improvements Assessment
$0
Total Assessment
$33,708
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1230 E Roeser Rd
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