Downtown Multifamily Development
For Sale
Contact for pricing
1005 E Taylor St, Phoenix, AZ 85006
Vacant land for multifamily development near downtown Phoenix.
Property SizeContact for details
Lot Size0.47 Acres
Days on Market851
Property Features for 1005 E Taylor St
General Information
Standard status
Active
Lot size
0.47 Acres
Property subtype
Land
Zoning
R-5
Listing Agency:
Coldwell Banker Residential Brokerage Biltmore-Paradise Valley
(602) 368-1904
Listed By:
Thomas Ross · License #AZ SA 642903000
Source:
Crexi
Added: Apr 26, 2024
Changed: Aug 7
Last Checked: Aug 7 at 5:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Residential Brokerage Biltmore-Paradise Valley
Investment Insights
Based on property information with market context.
This 0.474-acre property, comprising three combined lots, presents a valuable opportunity for multifamily development in downtown Phoenix. Zoned R-5, the vacant land is suitable for constructing apartments or condos. Its location offers walkability to various destinations, including the ASU and U of A downtown campuses, Chase Field, Footprint Center, museums, churches, and restaurants. The Light Rail is also conveniently accessible. Situated in the Garfield Historic District, which is undergoing revitalization, this infill opportunity should not be overlooked.
Key Highlights
- Downtown location ideal for multifamily development (apartments or condos).
- Large 0.474 acre vacant land parcel consisting of three lots combined.
- R‑5 zoning allows for multifamily development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 85006, AZ
23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land for multifamily development near downtown Phoenix.
Where is this residential land & home lot located?
The property is located at 1005 E Taylor St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Downtown location ideal for multifamily development (apartments or condos).; Large 0.474 acre vacant land parcel consisting of three lots combined.; R‑5 zoning allows for multifamily development.
