2804 E Broadway Road Unit -, Phoenix, AZ 85040
- $640,000
- List Price
- $640,000
- Days on Market
- 61
- Status
- ACTIVE
- MLS#
- 7038862
- City
- Phoenix
- Lot Size
- 38,534
- Subdivision
- Carefree Homes Blk 8
Property Description
Exceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.
Additional Information
- Acres
- 0.88
- Electric
- SRP
- Fencing
- None
- Lot Size
- 38,534
- New Financing
- Cash, Conventional
- Subdivision
- Carefree Homes Blk 8
- Taxes
- $1,425
- Tax Year
- 2022
- Vegetation
- Natural Vegetation
- Water
- City Franchise
- Zoning
- R-5
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Listing courtesy of HomeSmart.