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    2804 E Broadway Rd Phoenix, AZ 85040

    Pending
    For Sale
    $660,000

    LAND - Phoenix, AZ

    Lot size:
    0.88 Acres
    Days on Market:
    20
    Last Refresh:
    Dec 7 at 9:06 am

    Property Features for 2804 E Broadway Rd

    General Information

    Special listing conditions
    Probate Listing
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Probate Listing
    Standard status
    Pending
    Zoning
    R-5
    APN
    122-17-040-A
    Lot size
    0.88 Acres

    Utilities

    Sewer type
    Public Sewer

    HomeSmart (602) 230-7600 [email protected]

    Listing agent Orfe Kelly (480) 570-8333

    Listing date Nov 18, 2025

    MLS# 6916183 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 Land in Opportunity Zone

    This vacant land is located at the northeast corner of Broadway Road and 28th Street in Phoenix, Arizona. The property consists of four parcels, totaling 0.88 acres. It is zoned R-5 Multi-family High Density, allowing up to 43.5 units per acre. The land features 275 feet of frontage on Broadway Road and 145.2 feet of frontage on 28th Street. Situated within a City of Phoenix Opportunity Zone, the location offers potential tax benefits for investors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.020366
    Latitude
    33.407259

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    FAQs

    What type of property is this?
    Land - Vacant land in Phoenix Opportunity Zone with multi-family zoning.
    Where is this land located?
    The property is located at 2804 E Broadway Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $660,000.
    What are key features of this property?
    This property features: - Zoned R-5 Multi-family High Density (Up to 43.5 units per acre).; - Located in a City of Phoenix Opportunity Zone offering tax benefits.; - Composed of four parcels.
    (480) 570-8333
    Request Owner's contact information
    2804 E Broadway Rd Phoenix, AZ 85040
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    Phoenix, AZ 85040
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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
    2804 E Broadway Rd Phoenix, AZ 85040
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