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Fenced Multifamily Development Lot
For Sale
$249,900

1020 E MOHAVE Street 6, Phoenix, AZ 85034

Fully fenced lot in an Opportunity Zone allows up to three units with utilities already in place.

Property SizeContact for details
Days on Market66

Property Features for 1020 E MOHAVE Street 6

General Information

Standard status Active
Property subtype Lots/Land

Site & Location

Fenced Yard Yes
Utilities to Site Yes

Additional Details

Opportunity Zone Yes

Taxes and HOA fees

Annual Taxes $4,099
Listing Agency: Grayson Real Estate
Listed By: Keith Grayson · License #BR636932000
Source: Exitrealty
Added: Jun 20 Changed: Aug 8 Last Checked: Aug 8 at 8:04AM

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 Grayson Real Estate

Investment Insights

Based on property information with market context.

This is a residential land development site in an Opportunity Zone, approved for a multifamily configuration of 2 or 3 units. The building shown in the photo has been removed. Utilities are still in place, which can help streamline readiness for future construction. The property is fully fenced with a block wall, providing defined perimeter security.

The site is located at 1020 E MOHAVE Street 6 in Phoenix, AZ 85034. As indicated in the remarks, it is positioned for continued development within the Opportunity Zone framework.

For developers and investors looking for a small-footprint multifamily project, the lot’s existing utility infrastructure and fenced, block-wall perimeter are practical starting points. The ability to construct 2 or 3 units supports multiple layout options depending on your development plan. Seller may carry, which may be of interest to qualified buyers seeking flexible financing terms.

Key Highlights

  • Opportunity Zone multifamily development site allows for 2 or 3 units to be constructed
  • Utilities are still in place on the property
  • Fully fenced lot with block wall

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Pharmacy Spa & Massage Center Bakery Skin Care Clinic Nail Salon

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

Lease Details

Yes
Fenced yard
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

701
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value
Rey
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 - Fully fenced lot in an Opportunity Zone allows up to three units with utilities already in place.
Where is this residential land & home lot located?
The property is located at 1020 E MOHAVE Street 6 Phoenix, AZ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Opportunity Zone multifamily development site allows for 2 or 3 units to be constructed; Utilities are still in place on the property; Fully fenced lot with block wall
More about this property
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