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About the Listing xpre07 - mm454,mm834
Rare opportunity to own a well-maintained home on more than 22,000 square feet of R5-zoned land in the heart of Phoenix. This 3-bedroom, 1-bath home offers over 1,400 square feet of living space, a new roof, and a newer HVAC system installed approximately one year ago. The oversized lot and R5 zoning create opportunities seldom found in the area. R5 zoning allows for high-density residential development and certain restricted commercial uses, making the property attractive for future multifamily development, live/work opportunities, office uses, or long-term investment potential. Buyers are encouraged to verify development standards, density allowances, and permitted uses with the City of Phoenix. The property may appeal to homeowners seeking additional space, investors, developers... ...contractors, landscapers, and small business owners. According to the owner, the property previously operated as a dentist office, further demonstrating the flexibility and potential uses of the site. Ideally located near the Central Avenue light rail corridor, downtown Phoenix, and Sky Harbor Airport, the property offers convenient access to major employment centers, transportation, dining, shopping, and entertainment. Whether you are looking for a home, a business opportunity, a live/work property, or future development potential, this unique property offers possibilities rarely found in today's market. Opportunities like this do not come along often, and buyers are encouraged to explore the many possibilities this property provides.
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Central Air,Ceiling Fan(s)
- Heating: Heat Pump
- Fireplaces:
- Floor: Vinyl,Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Granite Counters,Eat-in Kitchen
- Water: City Water
Exterior Details
- Lot Description: Dirt Front,Dirt Back
- Garage Capacity: N/A
- Roof: Composition
- Others:
- Sewer: Public Sewer
- Parking Features: RV Gate
Financial Details
- Tax Amount: $1,340
- Taxes w/Assessments: N/A
- Tax/Property ID: 113-39-016
- Tax Year: 2025
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
502 W Southern Ave Phoenix, AZ 85041
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