$229,000
Prime Development Opportunity - Two Adjacent Lots | Endless Potential
Rare opportunity to acquire two separate parcels totaling approximately 1 acre when combined! Each lot is offered at $229,000, 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 investors
With multi-family, mixed-use, or potential commercial flexibility, this property offers tons of upside and future value appreciation. Whether you're looking to build residential units, explore commercial development, or secure land in a growing corridor -- this is a strategic acquisition.
Opportunities like this don't come around often. Secure one lot or maximize your footprint with both.
6988186
MLS
756 W Broadway Road Unit 3, Phoenix