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5020 N 21st Ave
Phoenix, AZ 85015
Land For Sale
·
0.56 AC
Executive Summary
LevRose Commercial Real Estate is pleased to present 5020 N 21st Avenue, a ±0.562-acre (±24,480 SF) vacant infill parcel near Midtown Phoenix. The site carries R-3 Multi-Family Residence zoning in place, allowing a buyer to move directly to site plan review without absorbing the cost, timeline, or entitlement risk of a rezoning cycle.
The property sits one block north of Camelback Road and roughly a third of a mile from the 19th Avenue/Camelback light rail station, connecting residents to Downtown Phoenix, ASU’s Downtown campus, and the Central Avenue employment core on a single-seat ride. Grand Canyon University, Christown Spectrum, and the Biltmore District are each within a short drive, and I-17 access is immediately west.
The property sits one block north of Camelback Road and roughly a third of a mile from the 19th Avenue/Camelback light rail station, connecting residents to Downtown Phoenix, ASU’s Downtown campus, and the Central Avenue employment core on a single-seat ride. Grand Canyon University, Christown Spectrum, and the Biltmore District are each within a short drive, and I-17 access is immediately west.
Property Facts
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.56 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | R-3 - R3 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.56 AC |
| Opportunity Zone |
Yes |
| Zoning | R-3 - R3 |
1 Lot Available
Lot
| Price | $395,000 | Lot Size | 0.56 AC |
| Price Per AC | $705,357.14 |
| Price | $395,000 |
| Price Per AC | $705,357.14 |
| Lot Size | 0.56 AC |
• ±0.56 Acres Available near Midtown Phoenix • Proximity to 7’s Corridor and Light Rail • Multi-Family Residential Zoning In Place • ±0.3 Miles to the 19th Avenue/Camelback Light Rail Station • Minutes to Downtown Phoenix, the Biltmore District, and
Description
• ±0.56 Acres Available near Midtown Phoenix • Proximity to 7’s Corridor and Light Rail • Multi-Family Residential Zoning In Place • ±0.3 Miles to the 19th Avenue/Camelback Light Rail Station • Minutes to Downtown Phoenix, the Biltmore District, and Grand Canyon University
Property Taxes
| Parcel Number | 153-25-080 | Improvements Assessment | $0 |
| Land Assessment | $28,160 | Total Assessment | $28,160 |
Property Taxes
Parcel Number
153-25-080
Land Assessment
$28,160
Improvements Assessment
$0
Total Assessment
$28,160
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