Listing Agency: Western Retail Advisors, LLC b***@w-retail.com Show Phone

Listed By: Bryan Babits · License #SA630590000

Source: W-retail

Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Aug 4 at 4:01AM

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Investment Insights

Based on property information with market context.

This commercial land is located at the southeast corner of 16th Street and Southern Avenue in Phoenix. The property consists of approximately 0.49 acres and is zoned C-2. The location benefits from a signalized intersection with a combined average daily traffic count of nearly 44,000 vehicles. The property is available for ground lease, build-to-suit, or lease.

Key Highlights

• Hard corner lot at a signalized intersection.
• High traffic volume: Nearly 44,000 ADT.
• Zoned C‑2, allowing for a variety of commercial uses.

Property Analytics

Property Profile

Current Use

Nicasio Landscaping Landscaping

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Dental Office Spa & Massage Center

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

319

Businesses Nearby

Explore this area Business Placement

Demographics for 85040, AZ

33,993

Population

11,962

Households

2.8

Avg Household Size

30

Median Age

15%

College-Educated

69%

High-School Grad

10.1 sq mi

ZIP Area

3,366

Density / Sq Mi

$57,890

Median Household Income

$36,355

Median Earnings

$1,193

Median Rent

$294,800

Median Home Value

Market

Average Price Trend$/SF for Land in Phoenix, AZ

– Feb

$72.52 Mar

$72.52 Apr

$72.52 May

$72.52 Jun

$124 Jul

Properties on Market for Land in Phoenix

Feb

Mar

Apr

May

Jun

Jul

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Land - Hard corner lot for ground lease, BTS, or lease.

Where is this land located?

The property is located at 1601 E Southern Ave Phoenix, AZ.

What are key features of this property?

This property features: Hard corner lot at a signalized intersection.; High traffic volume: Nearly 44,000 ADT.; Zoned C‑2, allowing for a variety of commercial uses.