Phoenix Land Ready for
111 E SOUTHERN Avenue, Phoenix, AZ 85040
- Added:
- Jul 12, 2024
- Days on Market:
- 679
- Last Refresh:
- May 21 at 11:06 pm
Property Features for 111 E SOUTHERN Avenue
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- R5
- Standard status
- Active
- APN
- 114-02-049
- Lot size
- 2.82 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- PT NW4 NE4 BEG 845F E NW COR S 638F N LN SAN FRANCISCO CAN S 75D 13M W 203.75F N 690F E 197F
- Tax Annual Amount
- 13403
Utilities
- Sewer type
- Public Sewer
Listing agent Roxy Westphal License #SA669207000 (480) 241-4161
Listing office My Home Group Real Estate 8360 E Raintree Dr #120, Scottsdale, AZ (480) 685-2760
Listing date Jul 12, 2024
MLS# 6732075
Listing URL
Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Seller financing available with substantial down payment.
- Development potential for approximately 120 units in a planned residential development.
- Prime location: 10 minutes from downtown Phoenix and steps from the Light Rail.
- Three incentive zones: DDA, QCT, and Opportunity Zone, potentially qualifying for HUD grants.
- Zoned R‑5 with potential for rezoning to C‑2, allowing for diverse development options.
- Utilities available: water and public sewer to the property.
Overview
This nearly 3-acre lot in Phoenix, Arizona, is available for development. Located approximately 10 minutes from downtown Phoenix and steps away from the Light Rail, the property is currently zoned as R-5, allowing for development of apartments, assisted living facilities, and dependent care homes. A planned residential development could potentially yield approximately 120 units. The property is located within the South-Central Transit Overlay District (TOD), and additional information about the TOD and potential uses can be found in the documents tab. The site also includes three incentive zones: a DDA, a QCT for qualifying for HUD grants, and an Opportunity Zone. There is potential to rezone the property to C-2, which would allow for dispensaries, self-storage, or RV/boat storage. Water and sewer services are available to the property. The site is planned to be cleared in approximately 2 months. Access to the property is not available from the south end.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.070888
- Latitude
- 33.391261
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Nearly 3-acre lot near downtown Phoenix and Light Rail.
Where is this land located?
The property is located at 111 E SOUTHERN Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: Seller financing available with substantial down payment.; Development potential for approximately 120 units in a planned residential development.; **Prime location:** 10 minutes from downtown Phoenix and steps from the Light Rail.
