Permitted Mixed-Use Development
For Sale
Contact for pricing
205 W Sherman St, Phoenix, AZ 85003
Vacant development land with permits ready for mixed-use building featuring 26 residences and retail space.
Property Size39,000 SF
Days on Market124
Property Features for 205 W Sherman St
General Information
Standard status
Active
Size
39,000 SF
Property subtype
Land
Additional Details
Multifamily Units
26
Listing Agency:
Diamond Construction Building Enterprise
Listed By:
Tim Morris · License #AZ
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 11:49AM
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 Diamond Construction Building Enterprise
Investment Insights
Based on property information with market context.
This vacant development site is offered with building permits ready to be pulled for a mixed-use project. The proposed structure includes 26 residential units and one first-floor retail space, with 39,000 square feet of rentable space identified for the overall development. Construction documents are available upon request.
The property is located at 205 W Sherman St in Phoenix, just south of Downtown Phoenix. The site is described as being about one block from an upcoming light rail extension, and it is positioned close to downtown and stadiums.
For buyers and developers looking to move forward quickly, the availability of permits and related documentation supports immediate project initiation upon approval of the requested materials.
The property is located at 205 W Sherman St in Phoenix, just south of Downtown Phoenix. The site is described as being about one block from an upcoming light rail extension, and it is positioned close to downtown and stadiums.
For buyers and developers looking to move forward quickly, the availability of permits and related documentation supports immediate project initiation upon approval of the requested materials.
Key Highlights
- Vacant development land for a mixed‑use project at 205 W Sherman St, Phoenix, AZ 85003
- Building permits ready to be pulled for a mixed‑use building
- Proposed project includes 26 residential units and 1 first‑floor retail space
Property Analytics
Property Profile
Current Use
Lease Details
26
Residential units
Location Intelligence
Trade Area within ½ mile
3,282
Businesses Nearby
Explore this area
Business Placement
Demographics for 85003, AZ
11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Vacant development land with permits ready for mixed-use building featuring 26 residences and retail space.
Where is this commercial land located?
The property is located at 205 W Sherman St Phoenix, AZ.
What are key features of this property?
This property features: Vacant development land for a mixed‑use project at 205 W Sherman St, Phoenix, AZ 85003; Building permits ready to be pulled for a mixed‑use building; Proposed project includes 26 residential units and 1 first‑floor retail space
