Vacant Corner Development
For Sale
$115,000
1945 West Sherman Street Unit 23, Phoenix, AZ 85009
Vacant corner lot adjacent to a nearby single-family listing, offering potential for multifamily infill development.
Property Size5,101 SF
Price / SF$22.54
Days on Market179
Property Features for 1945 West Sherman Street Unit 23
General Information
Standard status
Active
Size
5,101 SF
Property subtype
Land
Zoning
R-3
Taxes and HOA fees
Annual Taxes
$335
Amenities
0.0
Chain Link
Listing Agency:
Redfin Corporation
(602) 818-2383
Listed By:
Patrick W Russey · License #SA664854000
(602) 818-2383
Source:
Compass
Added: Feb 15
Changed: Aug 8
Last Checked: Mar 25 at 12:45PM
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 Redfin Corporation
Investment Insights
Based on property information with market context.
This offering is a vacant corner lot located at 1945 West Sherman Street, Unit 23, Phoenix, AZ 85009. The property is presented as an infill redevelopment site with multifamily development potential, including the possibility of constructing a duplex, triplex, or build-to-rent-style product, subject to applicable approvals.
The lot is noted as being adjacent to 1941 W Sherman St. The public remarks also indicate this property may be purchased together with the neighboring property to create a larger development footprint, with details available under MLS#6989085 for the related single-family residence.
Overall, this is a straightforward land listing positioned for buyers looking for an infill corner-lot opportunity where future development plans can be evaluated through the local entitlement process.
The lot is noted as being adjacent to 1941 W Sherman St. The public remarks also indicate this property may be purchased together with the neighboring property to create a larger development footprint, with details available under MLS#6989085 for the related single-family residence.
Overall, this is a straightforward land listing positioned for buyers looking for an infill corner-lot opportunity where future development plans can be evaluated through the local entitlement process.
Key Highlights
- Vacant corner lot adjacent to 1941 W Sherman St.
- Potential multifamily infill development for a duplex, triplex, or build‑to‑rent construction.
- Chain link fencing on the property.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
863
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant corner lot adjacent to a nearby single-family listing, offering potential for multifamily infill development.
Where is this residential land & home lot located?
The property is located at 1945 West Sherman Street Unit 23 Phoenix, AZ.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Vacant corner lot adjacent to 1941 W Sherman St.; Potential multifamily infill development for a duplex, triplex, or build‑to‑rent construction.; Chain link fencing on the property.
