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$520,000
Phoenix, AZ 85004
MLS# 7049982
1 / 21
Property Description
Prime Central Phoenix Development Opportunity Positioned in a highly desirable central Phoenix setting, this 15,666-square-foot (0.36-acre) C-1 zoned parcel offers a compelling opportunity for an investor, developer, or owner-user seeking a well-located infill site. The property sits within an established neighborhood near major employment, dining, retail, and the downtown core, with city and mountain views visible from the site.
Details
Maps
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $520,000
List Price: $520,000
Status: Active
List Date: 2026-07-03
Location, Tax & Legal
Lot #: -
Assessor's Map #: 53
Assessor's Parcel #: 35
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 5641
House Number: 375
Compass: E
Street Name: Alvarado
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Country: US
County Code: Maricopa
Assessor Number: 118-53-035-B
Subdivision: GOETTL PLACE
Tax Year: 2025
General Property Description
Apx Total Acres: 0.36
Apx Total Acres G/N: G
Price Per Acre: 1444444.44
# Lots in Listing: 1
# Units Allowed: 29
Apx SqFt: 15666
Price Per SqFt: 33.19
Apx SqFt G/N: G
Lot Size Dimensions: 130x125
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Lowell Elementary School
Jr. High School: Lowell Elementary School
High School: Central High School
Zoning: C1
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 520000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Lockbox Type
None: 1
Existing Land Use
Residential Lot: 1
Commercial Lot: 1
Zoned Presently
Multi-Family: 1
Commercial: 1
Parcel Size
.25 - .49 Acres: 1
Current Density
26 - 30 Units P/Acre: 1
Proposed Density
26 - 30 Units P/Acre: 1
Land Features
Historic District: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Fencing
Brick: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
See Remarks: 1
Electric
APS: 1
Other (See Rmks): 1
Gas
SW Gas: 1
Other (See Rmks): 1
Irrigation
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Conventional: 1
SBA: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Distance to Gas
Call Listing Office: 1
Distance to Sewer
Call Listing Office: 1
Reports/Disclosures
Vicinity of an Airport: 1
Environmental
None: 1
Remarks Misc
Cross Street: 7th St and Oak
Geo Lat: 33.472222
Geo Lon: -112.065996
Legal Info
Lot Number: -
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot; Commercial Lot
Zoned Presently: Multi-Family; Commercial
Parcel Size: .25 - .49 Acres
Current Density: 26 - 30 Units P/Acre
Proposed Density: 26 - 30 Units P/Acre
Land Features: Historic District
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Water Source: City Franchise
Irrigation: None
Sewer: Sewer - Public; See Remarks
Electric: APS; Other (See Rmks)
Gas: SW Gas; Other (See Rmks)
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: Call Listing Office
Distance to Gas: Call Listing Office
Distance to Sewer: Call Listing Office
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; SBA
Environmental: None
Lockbox Type: None
Fencing: Brick
Supplements
The level, rectangular lot provides excellent flexibility for a thoughtfully designed commercial or residential-style development, subject to City of Phoenix review and approvals. Concept imagery illustrates the potential for a contemporary single-level 10-unit courtyard-style project, featuring clean modern architecture, private front entries, desert landscaping, and a polished streetscape presence.
Existing public-record sources describe the site as approximately 0.36 acres / 15,666 square feet, with C-1 zoning and a prior 2,483-square-foot commercial improvement. Buyers should independently verify zoning, permitted uses, utilities, setbacks, parking requirements, density, and all development feasibility with the City of Phoenix.
Listing Office: My Home Group Real Estate
Last Updated: July - 04 - 2026
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