Vacant Land on Broadway
For Sale
$640,000
2804 East Broadway Road, Phoenix, AZ 85040
Vacant land in Phoenix Opportunity Zone, multi-family high density.
Property Size38,534 SF
Lot Size0.89 Acres
Price / SF$16.61
Days on Market284
Property Features for 2804 East Broadway Road
General Information
Standard status
Active
Size
38,534 SF
Lot size
0.89 Acres
Property subtype
Land
Zoning
R-5
Site & Location
Neighborhood
South Mountain
Taxes and HOA fees
Annual Taxes
$1,425
Amenities
No
Listing Agency:
HomeSmart
Listed By:
Orfe Kelly · License #SA580075000
(480) 570-8333
Source:
Compass
Added: Jan 19
Changed: Oct 26
Last Checked: Oct 28 at 10:43AM
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 HomeSmart
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Investment Insights
Based on property information with market context.
This vacant land, located at the northeast corner of Broadway Road and 28th Street, presents an opportunity for development. The listing comprises four parcels zoned R-5 Multi-family High Density, allowing up to 43.5 units per acre. The property features 275 feet of frontage on Broadway Road and 145.2 feet of frontage on 28th Street. Situated within a City of Phoenix Opportunity Zone, this land offers potential tax benefits for investors. The property size is 38534 square feet.
Key Highlights
- Zoned R‑5 Multi‑family High Density (Up to 43.5 units per acre)
- Located in a City of Phoenix Opportunity Zone offering tax benefits
- Composed of four parcels
Property Analytics
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Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
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Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant land in Phoenix Opportunity Zone, multi-family high density.
Where is this residential land & home lot located?
The property is located at 2804 East Broadway Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Zoned R‑5 Multi‑family High Density (Up to 43.5 units per acre); Located in a City of Phoenix Opportunity Zone offering tax benefits; Composed of four parcels
