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1405 1st st
Phoenix, AZ 85004
1405 N 1st St · Land For Sale
·
0.63 AC
Investment Highlights
- ±0.64 acre infill redevelopment opportunity
- Existing ±7,450 SF office building
- Up to 90' allowable building height and 125 dwelling units per acre
- Four parcels totaling ±27,822 SF
- DTC-TWNPK overlay zoning designation
Executive Summary
Four parcels totaling ±27,822 SF
Existing ±7,450 SF office building
DTC-TWNPK overlay zoning designation
Up to 90' allowable building height and 125 dwelling units per acre
Property Facts
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Office |
| Property Type | Land | Total Lot Size | 0.63 AC |
| Zoning | C-DT/DTC-TWNPK - Commercial Downtown / Townsend Park | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Office |
| Total Lot Size | 0.63 AC |
| Zoning | C-DT/DTC-TWNPK - Commercial Downtown / Townsend Park |
1 Lot Available
Lot
| Price | $3,330,000 | Lot Size | 0.64 AC |
| Price Per AC | $5,203,125.00 |
| Price | $3,330,000 |
| Price Per AC | $5,203,125.00 |
| Lot Size | 0.64 AC |
Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a strategically located infill property within the Downtown Phoenix Overlay District.
Description
Positioned just north of Downtown Phoenix near the intersection of 1st Street and McDowell Road, 1405 N 1st Street presents a rare opportunity to acquire a strategically located infill property within the Downtown Phoenix Overlay District. The offering consists of approximately 7,450 square feet of office improvements situated across four parcels totaling approximately 0.64 acres. With DTC-TWNPK zoning allowing for up to 90 feet of building height and 125 dwelling units per acre, the property offers significant redevelopment potential in one of the Valley's most active urban growth corridors. Located between Midtown Phoenix and the Downtown core, the site benefits from proximity to Roosevelt Row, Arizona Center, major employment hubs, public transportation, entertainment venues, and some of the city's most sought after residential and mixed use developments. The property's size, zoning, and central location create a compelling opportunity for developers, investors, and owner users seeking to capitalize on the continued growth and revitalization of Downtown Phoenix.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $32,217 | Total Assessment | $164,118 |
Property Taxes
