Listing Agency: Helix Properties

Listed By: Jeff Harris · License #AZ SA534212000

Source: Crexi

Added: Jul 11, 2022 Changed: Aug 29 Last Checked: Aug 31 at 11:38PM

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Investment Insights

Based on property information with market context.

This commercial land parcel at 232 E McDowell Rd in Phoenix is positioned for multifamily development. The stated development parameters allow up to 150 units, with a maximum building height of 90 feet.

The property is situated between Downtown and Midtown Phoenix, providing direct east-west access to Interstate 10. The site carries DTC zoning and is identified as a central Phoenix development location.

Key Highlights

• Multifamily development capacity for up to 150 units
• Maximum permitted building height of 90 feet
• DTC zoning

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

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

3,708

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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Frequently Asked Questions

What type of property is this?

Commercial land - DTC-zoned commercial land with capacity for a multifamily development project.

Where is this commercial land located?

The property is located at 232 E McDowell Rd Phoenix, AZ.

What are key features of this property?

This property features: Multifamily development capacity for up to 150 units; Maximum permitted building height of 90 feet; DTC zoning