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511 N 10th Ave 0.15 Acres of Residential Land Offered at $275,000 in Phoenix, AZ 85007
Investment Highlights
- Located less than one mile from Downtown Phoenix.
Executive Summary
This ±6,715 square foot residential infill lot presents an outstanding opportunity for developers and investors seeking a well-located site in the heart of Phoenix. Positioned near the intersection of Grand Avenue and Polk Street, the property offers excellent connectivity to major thoroughfares and is less than one mile from Downtown Phoenix, providing immediate access to employment hubs, cultural attractions, and entertainment venues.
Zoned R5/RI, 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 two parcels (APN 111-30-031 and 111-30-033) and is offered at $275,000, delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility and visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization and investment activity.
With its central location, flexible zoning, and development potential, this property is well-suited for builders and investors looking to capitalize on Phoenix’s expanding residential demand.
Zoned R5/RI, 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 two parcels (APN 111-30-031 and 111-30-033) and is offered at $275,000, delivering strong value in a rapidly growing market. Its proximity to Grand Avenue enhances accessibility and visibility, while the surrounding neighborhood continues to benefit from ongoing revitalization and investment activity.
With its central location, flexible zoning, and development potential, this property is well-suited for builders and investors looking to capitalize on Phoenix’s expanding residential demand.
Property Facts
| Price | $275,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.15 AC |
| Property Type | Land | ||
| Zoning | R5 - Residential | ||
| Price | $275,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.15 AC |
| Zoning | R5 - Residential |
1 Lot Available
Lot
| Price | $275,000 | Lot Size | 0.15 AC |
| Price Per AC | $1,783,918.78 |
| Price | $275,000 |
| Price Per AC | $1,783,918.78 |
| Lot Size | 0.15 AC |
Infill residential lot located along the Grand Avenue Entertainment Arts District less than 1-mile from downtown Phoenix. The property is zoned R5/RI.
Description
This property offers a ±6,715 SF residential infill lot located near the intersection of Grand Avenue and Polk Street in Phoenix, Arizona. Zoned R5/RI, the site supports residential development and is positioned within close proximity to Downtown Phoenix, providing convenient access to employment centers, entertainment, and major transportation routes. The parcel includes two APNs and is ideal for multi-family or urban residential projects.
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Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
70/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $3,669 | Total Assessment | $3,669 |
Property Taxes
Parcel Numbers
Land Assessment
$3,669
Improvements Assessment
$0
Total Assessment
$3,669
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511 N 10th Ave
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