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    742 S 1St St Phoenix, AZ 85004

    For Sale
    $250,000

    Land - Phoenix, AZ

    Lot size:
    0.16 Acres
    Days on Market:
    112
    Last Refresh:
    Dec 6 at 2:06 pm

    Property Features for 742 S 1St St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    DTC-CENTP
    APN
    112-25-010
    Lot size
    0.16 Acres

    Building Details

    Architectural style
    Other

    HomeSmart (602) 230-7600 [email protected]

    Listing agent Jeff Scott Choulet (602) 203-7600

    Listing date Aug 17, 2025

    MLS# 6907071 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 Near Downtown Core

    This 0.16-acre property is located in downtown Phoenix, approximately a half-mile from the Suns Basketball Arena and 0.2 miles from light rail. The location provides access to nightlife, culinary experiences, and local bars, including The Duce, which is a 5-minute walk away. Situated near Phoenix's Central Park, the property offers a blend of city living and green space. It is zoned DTC-CENTP. Architectural plans are available for a duplex with a detached dwelling above the garage, designed to capture city lights and sunrise/sunset views. The property is suitable for a personal residence or investment in a duplex or triplex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Clothing Store Pharmacy Skin Care Clinic Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.072749
    Latitude
    33.439528

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    FAQs

    What type of property is this?
    Residential land & home lot - Prime land near downtown Phoenix, ideal for development.
    Where is this residential land & home lot located?
    The property is located at 742 S 1St St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime downtown Phoenix location, a short walk to the Suns arena.; - Development potential for a duplex or triplex.; - Architectural plans available for a duplex with detached dwelling.
    (602) 203-7600
    Request Owner's contact information
    742 S 1St St Phoenix, AZ 85004
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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
    742 S 1St St Phoenix, AZ 85004
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