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R-5 Infill Multifamily Development Land

30 N 20th St, Phoenix, AZ 85034

For Sale
$1,190,000

Flat, usable infill site zoned R-5 and located in an Opportunity Zone and Qualified Census Tract.

Property SizeContact for details
Lot Size0.79 Acres
Days on Market356

Property Features for 30 N 20th St

General Information

Standard status Active
Lot size 0.79 Acres
Zoning R-5

Site & Location

Neighborhood Central City
Highway Access Yes
Utilities to Site Yes

Additional Details

Opportunity Zone Yes
Listing Agency: eXp Commercial
Listed By: Brett Skotnick · License AZ SA695220000
Source: Expcommercial
Added: Nov 20, 2025 Changed: Nov 10 Last Checked: Jul 17 at 4:25PM

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 eXp Commercial

Rey
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Investment Insights

Based on property information with market context.

This offering is a 0.792-acre infill development site suitable for multifamily construction under R-5 High-Density Residential zoning, which allows for up to approximately 45+ units per acre. The site is described as flat and usable, with utilities available (buyer to verify), supporting streamlined planning and entitlement. The property also benefits from its placement within a federally designated Opportunity Zone and a Qualified Census Tract.

Situated in central Phoenix, the location provides immediate access to Interstate 10, State Route 51, and Loop 202, with close proximity to the Phoenix Light Rail and multiple bus lines. The area is described as experiencing ongoing urban revitalization and redevelopment activity, with rental demand tied to proximity to ASU Downtown, major hospitals, and corporate offices. The site is positioned near major sports, entertainment, and cultural venues, and is presented as a highly flexible parcel accommodating a range of building typologies.

Key Highlights

  • 0.792‑acre Central Phoenix infill development site zoned R‑5 (high‑density residential)
  • Opportunity Zone designation for potential federal tax benefits; located in a Qualified Census Tract
  • R‑5 zoning allows up to ~45+ units per acre

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic

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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

Demographics for 85034, AZ

5,033
Population
2,901
Households
1.7
Avg Household Size
32
Median Age
32%
College-Educated
81%
High-School Grad
11.6 sq mi
ZIP Area
434
Density / Sq Mi
$53,545
Median Household Income
$43,236
Median Earnings
$1,205
Median Rent
$397,400
Median Home Value
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Flat, usable infill site zoned R-5 and located in an Opportunity Zone and Qualified Census Tract.
Where is this residential land & home lot located?
The property is located at 30 N 20th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: 0.792‑acre Central Phoenix infill development site zoned R‑5 (high‑density residential); Opportunity Zone designation for potential federal tax benefits; located in a Qualified Census Tract; R‑5 zoning allows up to ~45+ units per acre
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