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- LoopNet Team
331 N 7th Ave
Phoenix, AZ 85003
Land For Sale
·
3.44 AC
INVESTMENT HIGHLIGHTS
- Opportunity Zone Development/Adaptive Reuse Site in Downtown Phoenix
- Site Can Be Partitioned and Sold to Accommodate a Buyer's Needs
- Existing Structures Can Be Sold or Leased Separately to a User
- 2.39 AC | ±45,250 SF of Existing Structures in Place
- Full Site Can Be Purchased for Development or Owner User
- Flexible Zoning | DTC-VANB
PROPERTY FACTS
| Property Type | Land | Proposed Use | Retail |
| Property Subtype | Commercial | Total Lot Size | 3.44 AC |
| Zoning | DTV-VAN - Downtown Commercial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 3.44 AC |
| Zoning | DTV-VAN - Downtown Commercial |
DESCRIPTION
The subject property is located at the NEC of 7th Ave. and VanBuren St. in the heart of Downtown Phoenix. The site is within an Opportunity Zone creating a tremendous opportunity for funds to take advantage of significant capital gains tax incentives. Situated less than a block from Roosevelt Row, multiple Light Rail Stations, and endless other amenities, the property is ideal for an upscale urban development. Its accessibility to Light Rail and the I-10 Freeway seamlessly connects the property with the outlying areas of the Phoenix metro including easy access to Sky Harbor International Airport, Tempe, Midtown, and other surrounding suburbs.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $12,788 | Total Assessment | $12,788 |
PROPERTY TAXES
