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1239 16th ave - 1239 South 16th Ave, Phoenix AZ 85007 0.49 Acres of Commercial Land Offered at $550,000 in Phoenix, AZ 85007

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INVESTMENT HIGHLIGHTS

  • Development opportunity with OPPORTUNITY ZONE potential
  • Approximately 2.5 miles from downtown and central Phoenix

EXECUTIVE SUMMARY

Located in an OPPORTUNITY ZONE area of Phoenix

ATTACHMENTS

MLS Plano

PROPERTY FACTS

Price $550,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Auto Dealership
  • Auto Repair
  • Community Center
  • Convenience Store
  • Daycare Center
  • Distribution
  • Hold For Development
  • Medical
  • Motel
  • Office Park
  • Parking Lot
  • Warehouse
Total Lot Size 0.49 AC
Opportunity Zone Yes
Zoning R-3 - Mutil-Family

1 LOT AVAILABLE

Lot

Price $550,000
Price Per AC $1,117,391.07
Lot Size 0.49 AC

Corner lot, across from a school

DESCRIPTION

EXCELLENT ***''OPPORTUNITY ZONE'' *** Development opportunity on this .49AC corner lot. Only approximately 2.5 miles to Downtown and Central Phoenix areas with easy freeway access to Sky Harbor Airport. Ideal location offers many attractive uses for this lot to include but not limited to office, retail, restaurant, hospitality, medical, storage, light manufacturing, industrial....whatever your project needs. Currently zoned R-3 Multi-Family. Utilities available at the property line. Don't miss this rare investment opportunity in a high-demand area with excellent business potential.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
105-03-082
Land Assessment
$6,986
Improvements Assessment
$0
Total Assessment
$6,986
  • Listing ID: 35335744

  • Date on Market: 4/1/2025

  • Last Updated:

  • Address: 1239 16th ave, Phoenix, AZ 85007

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