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722 N Grand Ave
Phoenix, AZ 85007
Land For Sale · 0.54 AC

Investment Highlights

  • Frontage along both Grand Avenue and 7th Avenue enhances visibility and access.
  • Located near Downtown Phoenix and the Grand Avenue Arts District.
  • Positioned within an established urban corridor surrounded by businesses and employment centers.
  • C-3 zoning supports a broad range of commercial development options.
  • Approximately seven miles from Phoenix Sky Harbor International Airport.
  • Infill land opportunity within one of Arizona's largest metropolitan markets.

Executive Summary

722 Grand Avenue presents an opportunity to acquire a ±0.54-acre commercial land parcel positioned at the intersection of Grand Avenue and 7th Avenue in central Phoenix. The site benefits from frontage along two highly traveled corridors, with traffic counts reported at approximately 17,486 vehicles per day on Grand Avenue and 30,816 vehicles per day on 7th Avenue. The property's C-3 zoning provides flexibility for a variety of commercial development concepts, making it suitable for investors, owner-users, and developers seeking a well-located infill opportunity.
The location places the property within close proximity to Downtown Phoenix, Roosevelt Row, the Grand Avenue Arts District, and numerous commercial, employment, entertainment, and cultural destinations that continue to attract residents, businesses, and visitors. The surrounding area features a mix of retail, office, hospitality, residential, and adaptive reuse projects that contribute to ongoing activity throughout the urban core. The site is also located approximately seven miles from Phoenix Sky Harbor International Airport, providing convenient regional and national connectivity.
Phoenix remains one of the largest cities in the United States and continues to benefit from a diverse employment base, significant business presence, and sustained population growth. The property's central location, commercial zoning, dual-road frontage, and access to major transportation corridors position it to capitalize on the area's established infrastructure and continued investment activity. Whether pursued as a development site, long-term land hold, or future commercial project, 722 Grand Avenue offers a strategically located opportunity within one of Arizona's most active urban markets.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Parking Lot
Total Lot Size 0.54 AC
Zoning C-3 - Commercial

1 Lot Available

Lot

Price $1,200,000
Price Per AC $2,222,222.22
Lot Size 0.54 AC

±0.54-acre C-3 zoned commercial parcel with frontage on Grand Avenue and 7th Avenue. Centrally located near Downtown Phoenix, Roosevelt Row, and Phoenix Sky Harbor International Airport.

Description

722 Grand Avenue is a ±0.54-acre land parcel located in Phoenix, Arizona. The property is zoned C-3 and has frontage on Grand Avenue and 7th Avenue. The site is situated near Downtown Phoenix, Roosevelt Row, and the Grand Avenue Arts District and is approximately seven miles from Phoenix Sky Harbor International Airport. Traffic counts reported in the marketing materials include approximately 17,486 vehicles per day on Grand Avenue and 30,816 vehicles per day on 7th Avenue.

Property Taxes

Property Taxes

Parcel Number
111-30-082A
Land Assessment
$37,816
Improvements Assessment
$0
Total Assessment
$37,816
  • Listing ID: 42017905

  • Date on Market: 9/2/2026

  • Last Updated:

  • Address: 722 N Grand Ave, Phoenix, AZ 85007

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