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Multi-Family Development Land Lot
For Sale
$375,000

2950 E GRANADA Road -, Phoenix, AZ 85008

Vacant land zoned R-3 with utilities at the street, offering a build-ready site for multi-family development.

Property SizeContact for details
Days on Market379

Property Features for 2950 E GRANADA Road -

General Information

Standard status Active
Property subtype Lots/Land

Taxes and HOA fees

Annual Taxes $842
Listing Agency: Russ Lyon Sotheby's International Realty
Listed By: Matt Huff · License #SA642981000
Source: Exitrealty
Added: Aug 12, 2025 Changed: Aug 8 Last Checked: Jun 30 at 8:02PM

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, buildable land offering zoned R-3 for multi-family development. The site is a single lot measuring approximately 110 feet in width and 136 feet in depth, and it presents the additional possibility of being divided into two separate parcels, subject to applicable requirements.

Utilities are located at the street, which can help support a smoother development process for future improvements. The property is being offered as a straightforward development opportunity with no existing structures described in the available materials.

For developers or investors looking for a small, flexible infill-style site, the R-3 zoning and parcel-divide possibility may support a range of multi-family build concepts. The lot size and street-served utilities provide a practical foundation for planning site layout and construction sequencing, with final design details dependent on local approvals and development standards.

Key Highlights

  • Vacant land zoned R‑3 for multi‑family development
  • All utilities located at the street
  • Lot measures 110 ft wide by 136 ft deep

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) 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

603
Businesses Nearby

Demographics for 85008, AZ

59,047
Population
24,508
Households
2.4
Avg Household Size
30
Median Age
24%
College-Educated
75%
High-School Grad
10.2 sq mi
ZIP Area
5,789
Density / Sq Mi
$61,369
Median Household Income
$36,969
Median Earnings
$1,300
Median Rent
$323,600
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 land zoned R-3 with utilities at the street, offering a build-ready site for multi-family development.
Where is this residential land & home lot located?
The property is located at 2950 E GRANADA Road - Phoenix, AZ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Vacant land zoned R‑3 for multi‑family development; All utilities located at the street; Lot measures 110 ft wide by 136 ft deep
More about this property
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