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Corner Vacant Development Lot
For Sale
$199,000

2203 W JEFFERSON Street 1, Phoenix, AZ 85009

Corner vacant lot in a multi-family accommodating zoning area, suited for new construction near downtown Phoenix.

Property SizeContact for details
Days on Market456

Property Features for 2203 W JEFFERSON Street 1

General Information

Standard status Active
Property subtype Lots/Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $549
Listing Agency: Russ Lyon Sotheby's International Realty
Listed By: Dorette A. Oppong-Takyi · License #BR642230000
Source: Exitrealty
Added: May 27, 2025 Changed: Aug 8 Last Checked: Jun 30 at 8:00PM

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 prime corner vacant lot located within the Capitol Addition subdivision. The property is offered for sale as residential land and home lots, with zoning that accommodates multi-family property development, enabling new construction for either investment or owner-occupant use.

The lot sits on Jefferson Street in Phoenix and is described as being less than ten minutes from downtown Phoenix. Nearby points of interest listed in the remarks include the Arizona Capitol Museum, the Children’s Museum of Phoenix, Japanese Friendship Garden of Phoenix, and the Phoenix Convention Center. The Phoenix Suns Arena and Chase Field are also noted as being within a few blocks, and convenient access to I-17, I-10, and SR 51 is highlighted.

Given the zoning allowances described in the offering, the site is a practical fit for developers or buyers looking to build multi-family units on a corner parcel. Its downtown-proximate setting and freeway access can support a range of new construction plans for tenants seeking central Phoenix access.

Key Highlights

  • Prime corner vacant lot on Jefferson Street in the Capitol Addition subdivision
  • Zoning allows multi‑family property development for new construction
  • Less than 10 minutes from downtown Phoenix

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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Corner vacant lot in a multi-family accommodating zoning area, suited for new construction near downtown Phoenix.
Where is this residential land & home lot located?
The property is located at 2203 W JEFFERSON Street 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: Prime corner vacant lot on Jefferson Street in the Capitol Addition subdivision; Zoning allows multi‑family property development for new construction; Less than 10 minutes from downtown Phoenix
More about this property
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