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About the Listing realbr016 - kk061
This vacant 6715+/- square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Zoned R5/R1. The site supports a range of residential development options, including multi-family configurations, making it an attractive choice for urban housing projects. The property consists of 2 parcels(APN 111-30-031 & 111-30-033), delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility & visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization & investment activity At the intersection of Grand Ave and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than a mile from downtown With its central location along Grand Ave in the Entertainment Arts District, flexible zoning, and development potential, this site is well-suited for builders and investors looking to capitalize on Phoenix's expanding residential demand. Seller financing is available: 25% down, 7% over 30 years with a 5-year balloon. 4% prepayment penalty for the first 3 years, no prepayment penalty after 3 years.
Listing Highlights
Status
Active
Days on Site
21
Property Type
Vacant Land
MLS ®
7030970
Year Built
Total Square Footage
0
Lot/Acreage
0.15
County
Maricopa
Neighborhood
University Addition
School District
Phoenix Elementary District
Elementary School
Kenilworth Elementary School
Middle School
Kenilworth Elementary School
High School
Central High School
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Other
Exterior Details
- Lot Description: North/South Exp
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $266
- Taxes w/Assessments: N/A
- Tax/Property ID: 111-30-033
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
511 N 10th Ave Unit 5 Phoenix, AZ 85007
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