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821 W McKinley St - 821 W McKinley St 0.16 Acres of Commercial Land Offered at $350,000 in Phoenix, AZ 85007
Investment Highlights
- Fully Entitled Plans – Shovel Ready
- Active Area with Recent Redevelopment Projects in the Neighborhood
- Prime Downtown Phoenix Location – Excellent Access to Amenities
Executive Summary
This 7,076 SF (0.162 AC) lot is located on the southeast corner of 9th Avenue and McKinley. The site sits just west of Downtown Phoenix and roughly a quarter mile south of the I-10. The R-5 zoned land includes shovel ready plans for a 6- unit townhome-like bespoke project (“The Doris”). The surrounding area is characterized by single family homes and smaller multifamily and townhome projects recently completed and / or proposed. Grand Avenue has also seen a strong resurgence with local in-demand restaurants such as Bacanora PHX.
Property Facts
| Price | $350,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Condition | Build to Suit | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.16 AC |
| Zoning | R-5 | ||
| Price | $350,000 |
| Sale Type | Investment |
| Sale Condition | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.16 AC |
| Zoning | R-5 |
1 Lot Available
Lot 2
| Price | $350,000 | Lot Size | 0.16 AC |
| Price Per AC | $2,187,500.00 |
| Price | $350,000 |
| Price Per AC | $2,187,500.00 |
| Lot Size | 0.16 AC |
This 7,076 SF (0.162 AC) lot is located on the southeast corner of 9th Avenue and McKinley.
Description
This 7,076 SF (0.162 AC) lot is located on the southeast corner of 9th Avenue and McKinley. The site sits just west of Downtown Phoenix and roughly a quarter mile south of the I-10. The R-5 zoned land includes shovel ready plans for a 6- unit townhome-like bespoke project (“The Doris”). The surrounding area is characterized by single family homes and smaller multifamily and townhome projects recently completed and / or proposed. Grand Avenue has also seen a strong resurgence with local in-demand restaurants such as Bacanora PHX.
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 111-29-101 | Improvements Assessment | $0 |
| Land Assessment | $3,847 | Total Assessment | $3,847 |
Property Taxes
Parcel Number
111-29-101
Land Assessment
$3,847
Improvements Assessment
$0
Total Assessment
$3,847
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