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401 E Fillmore St - Arizona Center 0.64 Acres of Commercial Land Offered at $10,900,000 in Phoenix, AZ 85004
INVESTMENT HIGHLIGHTS
- Located in Downtown Phoenix Core Opportunity Zone
- Unlimited Residential Unit Density (Code Section 1202.D)
- Up to 100% Lot Coverage (Code Section 1209.B.3.a)
- Immediately Adjacent to Arizona State University Downtown Phoenix Campus
- Maximum Building Heights of Up to 425 Feet (Code Section 1202.C)
- Greatest Development Intensity Within the Region (Code Section 1209.A)
EXECUTIVE SUMMARY
One (1) Parcel (111-46-147) on Southwest Corner of N 4th St and E Fillmore St
Listed Asking Price: $393.00 psf of Land (Total $10,900,000)
Current Use: 45 Space Surface Parking Lot
Approximately 27,730 SqFt (Entire Parcel 39,428 SqFt, Subject to New Survey)
Located in Downtown Phoenix Core Opportunity Zone
Existing In-Place Downtown Business Core Highrise Zoning By Right Allows for:
o Greatest Development Intensity Withing the Region (Code Section 1209.A)
o Unlimited Residential Unit Density (Code Section 1202.D)
o Maximum Building Heights of Up to 425 Feet (Code Section 1202.C)
o Up to 100% Lot Coverage (Code Section 1209.B.3.a)
o Flexible Parking Requirements (Code Section 1206, 1209.B.5)
Immediately Adjacent to Arizona State University Downtown Phoenix Campus
Immediately Adjacent to 30 Acre Phoenix Biomedical Campus
Immediately Adjacent to Arizona Center Entertainment District
One Block North of Phoenix Convention Center
Near Valley Metro Light Rail Line and I-10 Freeway Access
Just Minutes Away from Phoenix Sky Harbor International Airport
Listed Asking Price: $393.00 psf of Land (Total $10,900,000)
Current Use: 45 Space Surface Parking Lot
Approximately 27,730 SqFt (Entire Parcel 39,428 SqFt, Subject to New Survey)
Located in Downtown Phoenix Core Opportunity Zone
Existing In-Place Downtown Business Core Highrise Zoning By Right Allows for:
o Greatest Development Intensity Withing the Region (Code Section 1209.A)
o Unlimited Residential Unit Density (Code Section 1202.D)
o Maximum Building Heights of Up to 425 Feet (Code Section 1202.C)
o Up to 100% Lot Coverage (Code Section 1209.B.3.a)
o Flexible Parking Requirements (Code Section 1206, 1209.B.5)
Immediately Adjacent to Arizona State University Downtown Phoenix Campus
Immediately Adjacent to 30 Acre Phoenix Biomedical Campus
Immediately Adjacent to Arizona Center Entertainment District
One Block North of Phoenix Convention Center
Near Valley Metro Light Rail Line and I-10 Freeway Access
Just Minutes Away from Phoenix Sky Harbor International Airport
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $10,900,000 | Lot Size | 0.64 AC |
| Price Per AC | $17,122,400.03 |
| Price | $10,900,000 |
| Price Per AC | $17,122,400.03 |
| Lot Size | 0.64 AC |
PRIME HIGH RISE REDEVELOPMENT OPPORTUNITY One (1) Parcel (111-46-147) on Southwest Corner of N 4th St and E Fillmore St Located in Downtown Phoenix Core Opportunity Zone Existing In-Place Zoning: Downtown Business Core
1 1
Walk Score®
Walker's Paradise (94)
PROPERTY TAXES
| Parcel Number | 111-46-147 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $404,494 |
PROPERTY TAXES
Parcel Number
111-46-147
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$404,494
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US Investment Realty, LLC
401 E Fillmore St - Arizona Center
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