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    1239 S 16Th Ave Phoenix, AZ 85007

    For Sale
    $550,000

    Land - Phoenix, AZ

    Lot size:
    0.49 Acres
    Days on Market:
    213
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 1239 S 16Th Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    APN
    105-03-082
    Exterior features
    Corner Lot
    Lot size
    0.49 Acres

    Building Details

    Architectural style
    Other

    Tierra Antigua Realty (520) 544-2335 [email protected]

    Listing agent Maria Juvera (520) 439-8888

    Listing date May 8, 2025

    MLS# 6843992 Listing URL

    Copyright © 2025 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.

    Overview

    Phoenix Corner Lot Opportunity Zone

    This 0.49-acre corner lot presents a development opportunity within an Opportunity Zone. The property is located approximately 2.5 miles from Downtown and Central Phoenix, offering convenient freeway access to Sky Harbor Airport. The current zoning is R-3 Multi-Family. Utilities are available at the property line. The location is suitable for various uses, including office, retail, restaurant, hospitality, medical, storage, light manufacturing, and industrial projects.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.093127
    Latitude
    33.435212

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    FAQs

    What type of property is this?
    Commercial land - Corner lot in opportunity zone, close to downtown Phoenix.
    Where is this commercial land located?
    The property is located at 1239 S 16Th Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Excellent development opportunity in an Opportunity Zone.; - Ideal location approximately 2.5 miles from Downtown and Central Phoenix.; - Easy freeway access to Sky Harbor Airport.
    (520) 439-8888
    Request Owner's contact information
    1239 S 16Th Ave Phoenix, AZ 85007
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    Phoenix, AZ 85007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1239 S 16Th Ave Phoenix, AZ 85007
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