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R-5 Zoned Multifamily Development Land
For Sale
$1,150,000

1009 East Taylor Street Unit 13 14 15, Phoenix, AZ 85006

Vacant downtown Phoenix land totaling 0.474 acres across three combined lots, zoned R-5 for multifamily development.

Property Size20,647 SF
Lot Size0.47 Acres
Price / SF$55.70
Days on Market672

Property Features for 1009 East Taylor Street Unit 13 14 15

General Information

Standard status Active
Size 20,647 SF
Lot size 0.47 Acres
Property subtype Land
Zoning R-5

Taxes and HOA fees

Annual Taxes $2,007

Amenities

0.0
No
3
Listing Agency: Coldwell Banker Realty
Listed By: Thomas Ross · License #SA642903000
Source: Compass
Added: Oct 22, 2024 Changed: Aug 8 Last Checked: Mar 25 at 4:02PM

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 Realty

Investment Insights

Based on property information with market context.

Vacant R-5 zoned land totaling 0.474 acres, assembled as three lots combined and identified as Unit 13, 14, and 15. The property is positioned for multifamily development, with the City’s R-5 designation supporting apartment or condo construction as described in the marketing remarks.

The site is described as located in downtown Phoenix with walkable access to nearby campuses, including ASU and U of A downtown, as well as Chase Field and Footprint Center. Additional nearby points mentioned include museums, churches, restaurants, and light rail access.

The remarks also note that the Garfield Historic District is undergoing revitalization and rebuilding, reflecting an active redevelopment environment around the property.

Key Highlights

  • Vacant downtown Phoenix land totaling 0.474 acres across three combined lots
  • Zoned R‑5 for multifamily development, with potential for apartments or condos
  • Three lots combined into one 0.474‑acre assemblage ready for development

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Bakery Catering Service (Bike/Boat/Book/etc) Store Plumbing Service Fish Market Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,549
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant downtown Phoenix land totaling 0.474 acres across three combined lots, zoned R-5 for multifamily development.
Where is this residential land & home lot located?
The property is located at 1009 East Taylor Street Unit 13 14 15 Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Vacant downtown Phoenix land totaling 0.474 acres across three combined lots; Zoned R‑5 for multifamily development, with potential for apartments or condos; Three lots combined into one 0.474‑acre assemblage ready for development
More about this property
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