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Corner Development Lot
For Sale
$199,000

2203 West Jefferson Street Unit 1, Phoenix, AZ 85009

Vacant corner lot in the Capitol Addition subdivision with zoning allowing multi-family development.

Property Size9,750 SF
Price / SF$20.41
Days on Market538

Property Features for 2203 West Jefferson Street Unit 1

General Information

Standard status Active
Size 9,750 SF
Property subtype Land
Zoning R5

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $549

Amenities

0.0
Block
No
1
Listing Agency: Russ Lyon Sotheby's International Realty
Listed By: Dorette A. Oppong-Takyi · License #BR642230000
Source: Compass
Added: Mar 1, 2025 Changed: Aug 8 Last Checked: Mar 25 at 3:02PM

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 Russ Lyon Sotheby's International Realty

Investment Insights

Based on property information with market context.

This is a vacant corner lot located in the Capitol Addition subdivision. The zoning accommodates multi-family property development, making it suitable for a new construction project.

The property is positioned on Jefferson Street and is listed as being less than ten minutes from downtown Phoenix. It is also described as being within a few blocks of the Phoenix Suns Arena and Chase Field, with convenient access to I-17, I-10, and SR 51 freeways.

The site’s location is also noted as being close to the Arizona Capitol Museum, the Children’s Museum of Phoenix, the Japanese Friendship Garden of Phoenix, and the Phoenix Convention Center.

Key Highlights

  • Vacant corner lot on Jefferson Street in the Capitol Addition subdivision (1 lot)
  • Zoning allows multi‑family property development
  • Block fencing on the property

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Hair Salon Spa & Massage Center 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.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

809
Businesses Nearby

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Vacant corner lot in the Capitol Addition subdivision with zoning allowing multi-family development.
Where is this residential land & home lot located?
The property is located at 2203 West Jefferson Street Unit 1 Phoenix, AZ.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Vacant corner lot on Jefferson Street in the Capitol Addition subdivision (1 lot); Zoning allows multi‑family property development; Block fencing on the property
More about this property
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