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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
Investment Highlights
- Development opportunity with OPPORTUNITY ZONE potential
- Easily Accessible and Visible
- Approximately 2.5 miles from downtown and central Phoenix
Executive Summary
Located in an OPPORTUNITY ZONE area of Phoenix
Property Facts
| Price | $550,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.49 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-3 - Mutil-Family | ||
| Price | $550,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.49 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Mutil-Family |
1 Lot Available
Lot
| Price | $550,000 | Lot Size | 0.49 AC |
| Price Per AC | $1,117,391.07 |
| 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.
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Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 105-03-082 | Improvements Assessment | $0 |
| Land Assessment | $6,986 | Total Assessment | $6,986 |
Property Taxes
Parcel Number
105-03-082
Land Assessment
$6,986
Improvements Assessment
$0
Total Assessment
$6,986
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Contact the Sale Advisor
1239 16th ave - 1239 South 16th Ave, Phoenix AZ 85007