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7539 E 1st St 0.21 Acres of Commercial Land Offered at $1,295,000 in Scottsdale, AZ 85251
EXECUTIVE SUMMARY
Exceptional development-ready lot located in the heart of Old Town Scottsdale, just blocks from the area's premier shopping, dining, and entertainment venues, including Scottsdale Stadium and Scottsdale Fashion Square. This highly desirable parcel is zoned Downtown (D/T), allowing for up to 50 units per acre and offering the potential to develop four or more luxury multi-family residences with dedicated parking.
The site benefits from multiple points of ingress and egress, providing flexibility in site planning and design. With the City of Scottsdale actively supporting higher-density residential development, this property presents an outstanding opportunity for investors seeking to capitalize on small-scale, high-quality multi-family projects in one of the Valley’s most sought-after urban neighborhoods.
Located within a designated Opportunity Zone, this parcel also offers potential tax advantages for qualified investors.
The site benefits from multiple points of ingress and egress, providing flexibility in site planning and design. With the City of Scottsdale actively supporting higher-density residential development, this property presents an outstanding opportunity for investors seeking to capitalize on small-scale, high-quality multi-family projects in one of the Valley’s most sought-after urban neighborhoods.
Located within a designated Opportunity Zone, this parcel also offers potential tax advantages for qualified investors.
PROPERTY FACTS
| Price | $1,295,000 | Proposed Use | Multifamily |
| Sale Type | Investment | Total Lot Size | 0.21 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | SR-DO - SR-DO | ||
| Price | $1,295,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.21 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | SR-DO - SR-DO |
1 LOT AVAILABLE
Lot
| Price | $1,295,000 | Lot Size | 0.21 AC |
| Price Per AC | $6,166,666.67 |
| Price | $1,295,000 |
| Price Per AC | $6,166,666.67 |
| Lot Size | 0.21 AC |
Exceptional development-ready lot located in the heart of Old Town Scottsdale, just blocks from the area's premier shopping, dining, and entertainment venues, including Scottsdale Stadium and Scottsdale Fashion Square.
1 1
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (86)
PROPERTY TAXES
| Parcel Number | 130-25-021 | Improvements Assessment | $0 |
| Land Assessment | $59,778 | Total Assessment | $59,778 |
PROPERTY TAXES
Parcel Number
130-25-021
Land Assessment
$59,778
Improvements Assessment
$0
Total Assessment
$59,778
CONTACTS
-
Tom Wolf -
Brandon DuFour -
Tiana Smith -
Dillon De Hart -
West USA Realty - Commercial
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7539 E 1st St
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