Listing Agency: Newmark - Phoenix m***@nmrk.com Show Phone

Listed By: Michael Woodrick

Source: Nmrk

Added: Apr 8 Changed: Aug 8 Last Checked: Jul 16 at 4:02AM

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Investment Insights

Based on property information with market context.

This property presents a shovel-ready development opportunity for a 23-unit or 25-unit project, offering magnificent city skyline views. Its location provides proximity to Roosevelt Row and Downtown Phoenix, as well as the Biomedical Campus and Arizona State University Downtown Campus. The site is also near Park Central Mall. The unique location and unit mix make it ideal for short-term rental cash flow.

Key Highlights

• Shovel ready 23‑unit development
• Magnificent city skyline view
• Proximity to Roosevelt Row and Downtown Phoenix

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Carpet & Flooring Store Grocery & Convenience 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

4,397

Businesses Nearby

Explore this area Business Placement

Demographics for 85004, AZ

8,833

Population

6,455

Households

1.4

Avg Household Size

32

Median Age

59%

College-Educated

90%

High-School Grad

2.1 sq mi

ZIP Area

4,206

Density / Sq Mi

$71,250

Median Household Income

$46,376

Median Earnings

$1,759

Median Rent

$365,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Shovel-ready development site near Roosevelt Row and Downtown Phoenix.

Where is this residential land & home lot located?

The property is located at 338 East Willetta Street Phoenix, AZ.

What are key features of this property?

This property features: Shovel ready 23‑unit development; Magnificent city skyline view; Proximity to Roosevelt Row and Downtown Phoenix