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4302 S Central Ave
Phoenix, AZ 85040
Land For Sale
·
4.63 AC
Investment Highlights
- 182’ Frontage on Central Avenue
- Strong probability of Rezoning Approval to high-density residential
- Within 10 minutes of Downtown Phoenix and Sky Harbor International Airport
- Adjacent to Broadway/Central Light Rail B-Line Station
- Property located within an Opportunity Zone and Qualified Census Tract (QCT)
Executive Summary
The former South Phoenix Market site presents a premier infill redevelopment opportunity in the heart of Phoenix. Featuring ±182 feet of frontage along Central Avenue and immediately adjacent to the Broadway/Central Light Rail B-Line Station, the property offers exceptional visibility and direct access to public transit.
Located within an Opportunity Zone and a Qualified Census Tract (QCT), the site offers compelling financial incentives for investors and developers. There is a strong probability of rezoning approval to high-density residential, creating significant potential for multifamily or mixed-use development.
10 minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, this property offers transit-oriented advantages, city connectivity, and strong development fundamentals in one of Phoenix’s growing corridors.
Located within an Opportunity Zone and a Qualified Census Tract (QCT), the site offers compelling financial incentives for investors and developers. There is a strong probability of rezoning approval to high-density residential, creating significant potential for multifamily or mixed-use development.
10 minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, this property offers transit-oriented advantages, city connectivity, and strong development fundamentals in one of Phoenix’s growing corridors.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.63 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | 68% R1-6, 32% C-3 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.63 AC |
| Opportunity Zone |
Yes |
| Zoning | 68% R1-6, 32% C-3 |
1 Lot Available
Lot
| Price | $3,625,000 | Lot Size | 4.63 AC |
| Price Per AC | $782,937.37 |
| Price | $3,625,000 |
| Price Per AC | $782,937.37 |
| Lot Size | 4.63 AC |
• 182’ Frontage on Central Avenue • Adjacent to Broadway/Central Light Rail B-Line Station • Strong probability of Rezoning Approval to high-density residential • Property located within an Opportunity Zone and Qualified Census Tract (QCT)
Description
• 182’ Frontage on Central Avenue • Adjacent to Broadway/Central Light Rail B-Line Station • Strong probability of Rezoning Approval to high-density residential • Property located within an Opportunity Zone and Qualified Census Tract (QCT) • Within 10 minutes of Downtown Phoenix and Sky Harbor International Airport
Property Taxes
| Parcel Number | 113-07-121A | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $166,673 |
Property Taxes
Parcel Number
113-07-121A
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$166,673
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