Prime Development Opportunity - Two Adjacent Lots | Endless PotentialRare opportunity to acquire two separate parcels totaling approximately 1 acre when combined! Each lot is offered at $250,000, presenting investors and developers the flexibility to purchase individually or together for expanded possibilities.Currently zoned R-5 (Multi-Family Residential), this property already offers strong development potential. Even more exciting -- the previous owner initiated the rezoning process to C-2, opening the door to an even wider range of commercial and mixed-use opportunities (buyer to verify with the city). Why This Property Stands Out: Two parcels - buy one or both Approx. 1 acre combined Current R-5 zoning (multi-family potential) Rezoning process toward C-2 previously started High-growth area with strong demand Ideal for developers, builders, or long-term investorsWith multi-family, mixed-use, or potential commercial flexibility, this property offers tons of upside and future value appreciation. Whether youre looking to build residential units, explore commercial development, or secure land in a growing corridor -- this is a strategic acquisition.Opportunities like this dont come around often. Secure one lot or maximize your footprint with both.
Listed By
Agency Name: ARRT of Real Estate
Agency Phone: 480-300-7776
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimated Payment
$ 745.47 per month $556.17 Principal & Interest $116.42 Property Tax $72.89 Homeowner's Insurance
756 W Broadway Road, Unit 3 | MLS# 6988186
This land located at 756 W Broadway Road, Unit 3, Phoenix, AZ 85041 is currently listed for sale with an asking price of $249,900. The property has approximately 0.53 Acres. W Broadway Road, Unit 3 is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.