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Investment Highlights

  • High-barrier-to-entry submarket
  • Multifamily residential zoning in place
  • Seller will allow time for entitlements
  • Proximity to SR-51 & Loop 101
  • Lot accommodates up to 23 Townhome Units

Executive Summary

16226 N 29th Street is an infill land opportunity in an established North Phoenix residential corridor where developable parcels have become increasingly difficult to source. The site falls within Paradise Valley Unified School District #69 and is well-positioned relative to SR-51 and Loop 101, providing access to Downtown Phoenix, the Camelback Corridor, North Scottsdale, and the broader metro employment base, including the Loop 101 / I-17 employment corridor, home to Deer Valley Airport, the Deer Valley and Desert Ridge employment centers, and a deep concentration of advanced manufacturing, aerospace, and healthcare employers driving sustained rental demand across North Phoenix.

Property Facts

Price $675,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
Total Lot Size 1.16 AC
Zoning R-3 - R-3

1 Lot Available

Lot

Price $675,000
Price Per AC $581,896.55
Lot Size 1.16 AC

• High-barrier-to-entry submarket • Proximity to SR-51 & Loop 101 • Multifamily residential zoning in place • Lot accomodates up to 23 Townhome Units • Seller will allow time for entitlements

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
214-31-031C
Land Assessment
$37,039
Improvements Assessment
$0
Total Assessment
$37,039
  • Listing ID: 40774666

  • Date on Market: 6/3/2026

  • Last Updated:

  • Address: 16226 N 29th St, Phoenix, AZ 85032

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