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- LoopNet Team
1244 W Pierce St
Phoenix, AZ 85007
Pierce Street Development Opportunity · Land For Sale
·
0.30 AC
INVESTMENT HIGHLIGHTS
- Highly Desirable R-5 Zoning Allowing for Up to ~16 Units
- Roughly One Mile From the Nearest Light Rail Station
- Located in a QCT
- Located in the Heart of Downtown Phoenix
- Right Off of the Grand Avenue Arts District & Minutes to Roosevelt Row in Downtown Phoenix
- Located Less Than a Mile to the I-10 Interstate
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 0.30 AC |
| Zoning | R-5 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.30 AC |
| Zoning | R-5 |
DESCRIPTION
1244 West Pierce Street is a prime development opportunity with attractive R-5 zoning in the City of Phoenix. At 13,080 SF of land, this property grosses up to approximately 16,080 SF, which would allow for up to 16 dwelling units. Located on the west side of Downtown Phoenix, and within a QCT, the property is just west of 7th Avenue on Pierce Street. Located in the heart of a gentrifying part of Downtown Phoenix, it is right off of the Grand Avenue Arts District and minutes to Roosevelt Row. It is just under one mile from the nearest light rail station in Downtown Phoenix and is also roughly a mile to the Stadium District and the ASU Downtown Campus. It is less than a mile to the I-10 Freeway, giving residents easy access to all areas of Metropolitan Phoenix. This location is as central as it gets and allows residents to enjoy, with ease, so much of what Phoenix has to offer. With many dining, shopping, and entertainment options, as well as multiple freeway access points and light rail stations within minutes, this property will prove to be a phenomenal development opportunity in a fantastic central location.
