$520,000
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. 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.
7049982
MLS
375 E Alvarado Road Unit -, Phoenix