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Opportunity Zone Development Land
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5307 & 5245 N 17th Avenue, Phoenix, AZ 85015

Rezoned residential development land in an Opportunity Zone with T4:3 zoning permitting multiple housing types.

Property SizeContact for details
Lot Size1.54 Acres
Days on Market132

Property Features for 5307 & 5245 N 17th Avenue

General Information

Standard status Active
Lot size 1.54 Acres
Property subtype Land
Zoning T4:3 Residential

Additional Details

Opportunity Zone Yes
Listing Agency: Marcus & Millichap - Phoenix
Listed By: Art Rullo · License #AZ BR530400000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Apr 12 at 1:53AM

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 Marcus & Millichap - Phoenix

Investment Insights

Based on property information with market context.

The offering consists of approximately 1.54 acres of land in an Opportunity Zone. The seller has recently rezoned the property with plans for 40 condo units and three elevators to the third floor.

The site is located near North 17th Avenue and West Missouri Avenue in Phoenix, Arizona, with access to commercial services, thoroughfares, public transportation, and community services. The area is described as undergoing redevelopment across retail, commercial, and residential uses.

The property is zoned T4:3 Residential. Permitted housing types include single-family, duplexes, multi-family, and single-family attached (townhouses). Home occupations and professional offices are also permitted, and the maximum height is 40 feet. The remarks state that the zoning results in no density cap on the land, limited only by parking requirements.

Key Highlights

  • +/- 1.54‑acre property in an Opportunity Zone in Phoenix, AZ near N 17th Ave and W Missouri Ave
  • Recently rezoned with plans for 40 condo units and three elevators to the third floor
  • T4:3 Residential zoning allows multiple housing types: single‑family, duplexes, multi‑family, and townhouses

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Electrical Service Garden Center HVAC Service Gym & Fitness 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

1,491
Businesses Nearby

Demographics for 85015, AZ

41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rezoned residential development land in an Opportunity Zone with T4:3 zoning permitting multiple housing types.
Where is this residential land & home lot located?
The property is located at 5307 & 5245 N 17th Avenue Phoenix, AZ.
What are key features of this property?
This property features: +/- 1.54‑acre property in an Opportunity Zone in Phoenix, AZ near N 17th Ave and W Missouri Ave; Recently rezoned with plans for 40 condo units and three elevators to the third floor; T4:3 Residential zoning allows multiple housing types: single‑family, duplexes, multi‑family, and townhouses
(602) 687-6678 Call to check price and availability
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