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30 N 20th St - Multi-Family Located in PHX Opportunity Zone 0.79 Acres of Residential Land Offered at $1,475,000 in Phoenix, AZ 85034
Investment Highlights
- Prime .792-acre infill development site in the heart of Central Phoenix
- Situated in a Qualified Census Tract, enhancing eligibility for additional federal programs and financing tools
- Immediate access to Interstate 10, State Route 51, and Loop 202
- Located within a federally designated Opportunity Zone offering significant tax advantages
- R-5 High-Density Residential zoning allows up to ~45+ units per acre
- Surrounded by ongoing urban revitalization and redevelopment activity
Executive Summary
the Phoenix. Strategically positioned between Downtown and Midtown Phoenix, the site lies within a designated Transit Overlay District (TOD) area, reinforcing its longterm
value as a high-density residential or mixed-use development opportunity in a transit-supportive environment.
Ideally situated along the Central City growth corridor, the property offers seamless access to the city’s most significant employment, education, transit, and cultural
amenities. Located in a federally designated Opportunity Zone and Qualified Census Tract, the site stands to benefit from continued public and private reinvestment
driving expansion throughout the City area.
The surrounding neighborhood has experienced substantial redevelopment over the past decade, fueled by demand for higher-density housing proximate to the urban
core. The property offers direct connectivity to major transportation networks, including Interstate 10, State Route 51, and the Valley Metro Light Rail system. Multiple bus
routes, bike lanes, and pedestrian pathways further enhance accessibility and align with TOD principles promoting walkability and transit access.
Within minutes are major regional destinations including Downtown Phoenix—home to government offices, financial institutions, legal firms, ASU’s Downtown Campus,
and premier entertainment venues such as Chase Field and Footprint Center—as well as Midtown Phoenix, known for its healthcare systems, corporate employment
centers, and cultural institutions. This proximity continues to drive sustained demand for multifamily and mixed-use development.
The site’s flexible R-5 high-density zoning, TOD location, Opportunity Zone designation, and central infill positioning support a wide range of development strategies,
including multifamily housing, mixed-use projects, workforce housing, or market-rate residential communities. Its transit-oriented setting enhances long-term desirability
and strengthens the investment narrative for future residents and tenants.
Seller financing may be available depending on negotiated terms.
All Opportunity Zone information, TOD, utility availability, and development parameters should be independently verified by Buyer during due diligence.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $1,475,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.79 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R-5 - Multiple Family Residence | ||
| Price | $1,475,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.79 AC |
| Opportunity Zone |
Yes |
| Zoning | R-5 - Multiple Family Residence |
1 Lot Available
Lot
| Price | $1,475,000 | Lot Size | 0.79 AC |
| Price Per AC | $1,862,373.74 |
| Price | $1,475,000 |
| Price Per AC | $1,862,373.74 |
| Lot Size | 0.79 AC |
.792± acre infill site at 30 N 20th St in Phoenix - Opportunity Zone with R-5 zoning, Transit Overlay District (TOD)- Possible Seller Financing - Qualified Census Tract
Description
Prime infill development opportunity at 30 N 20th St, Phoenix, AZ 85034. This ±0.792 acre site is zoned R-5 (High-Density Multi-Family) and is located in an Opportunity Zone and a designated Transit Overlay District (TOD). Situated between Downtown and Midtown Phoenix with convenient access to light rail, major employment hubs, and key transportation corridors. Seller financing may be available subject to negotiated terms. Secure your foothold in one of Phoenix’s most active growth corridors. PROPERTY HIGHLIGHTS * Prime .792-acre infill development site in the heart of Central Phoenix. * Located within a federally designated Opportunity Zone, Transit Overlay District (TOD)and a Qualified Census Tract. * R-5 High-Density Residential zoning allows up to ~45+ units per acre * Ideal for multi-family, mixed-use, workforce housing, or market-rate development * Minutes from Downtown and Midtown Phoenix. * Immediate access to Interstate 10, State Route 51, and Loop 202 * Surrounded by ongoing urban revitalization and redevelopment activity * Strong rental demand driven by proximity to ASU Downtown, major hospitals, and corporate offices * Flat, usable site with excellent development efficiency * All utilities available (buyer to verify), streamlining planning and entitlement * Emerging corridor with significant public and private investment momentum * Seller financing may be available subject to negotiated terms
Property Taxes
| Parcel Number | 115-03-113 | Improvements Assessment | $0 |
| Land Assessment | $20,035 | Total Assessment | $20,035 |
Property Taxes
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30 N 20th St - Multi-Family Located in PHX Opportunity Zone
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