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Zoned C-3 Development Land Parcel
For Sale
$218,000

1121 W Grant St Unit 11, Phoenix, AZ 85007

Central Phoenix land parcel zoned C-3, with seller-confirmed possibility of rezoning to R-3 subject to approval.

Property SizeContact for details
Days on Market260

Property Features for 1121 W Grant St Unit 11

General Information

Standard status Active
Property subtype Land/Lot
Zoning C-3

Site & Location

Neighborhood Central City
Listing Agency: ARRT of Real Estate
Listed By: Anastasia Plesco · License #BR695947000
Source: Phoenixmetrohomefinder
Added: Feb 8 Changed: Oct 25 Last Checked: Oct 24 at 5:13PM

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 ARRT of Real Estate

Rey
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Investment Insights

Based on property information with market context.

This development land parcel is currently zoned C-3 and may support multiple development directions depending on final site planning and approvals. The seller has inquired with the City and confirmed that rezoning to R-3 is possible, subject to City approval, which may allow development of approximately 2–5 residential units based on the eventual site plan and permitting outcome. Seller finance is available.

Utilities are within the area. Prospective buyers should verify zoning, density, utility availability, and all development approvals as part of their due diligence.

The property is offered for sale as a value-add development opportunity for investors or builders seeking flexibility tied to the confirmed rezoning path and final entitlement process.

Key Highlights

  • Central Phoenix lot currently zoned C‑3, with multiple development possibilities.
  • Seller confirmed rezoning to R‑3 may be possible (subject to City approval).
  • Potential to develop approximately 2–5 residential units based on final site plan and approvals.

Property Analytics

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Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Pet Grooming Service Bakery Discount Store Storage Facility

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

1,445
Businesses Nearby

Demographics for 85007, AZ

14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Central Phoenix land parcel zoned C-3, with seller-confirmed possibility of rezoning to R-3 subject to approval.
Where is this residential land & home lot located?
The property is located at 1121 W Grant St Unit 11 Phoenix, AZ.
What is the asking price?
The asking price for this property is $218,000.
What are key features of this property?
This property features: Central Phoenix lot currently zoned C‑3, with multiple development possibilities.; Seller confirmed rezoning to R‑3 may be possible (subject to City approval).; Potential to develop approximately 2–5 residential units based on final site plan and approvals.
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