Residential Infill Development
For Sale
$250,000
5-511 N 10th Ave, Phoenix, AZ 85007
Vacant residential infill lot zoned R5/R1, comprised of two parcels, near Grand Avenue and downtown.
Property SizeContact for details
Lot Size0.15 Acres
Days on Market97
Property Features for 5-511 N 10th Ave
General Information
Standard status
Active
Lot size
0.15 Acres
Property subtype
Land
Zoning
R5/R1
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$266
Listing Agency:
Real Broker
(480) 354-7344
Listed By:
Kenny Klaus · License #SA515503000
(480) 354-7344
Source:
Exprealty
Added: May 20
Changed: Aug 8
Last Checked: Jul 21 at 5:35AM
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 Real Broker
Investment Insights
Based on property information with market context.
Vacant residential infill land totaling 6,715+/- square feet, offered as two parcels (APN 111-30-031 & 111-30-033). The site is zoned R5/R1 and supports a range of residential development options, including multi-family configurations.
Located at the intersection of Grand Ave and Polk Street, the property provides connectivity to major thoroughfares and is listed as less than a mile from downtown. The surrounding area is described as an Entertainment Arts District with ongoing revitalization and investment activity.
Seller financing is available with 25% down, 7% interest over 30 years, and a 5-year balloon. Terms include a 4% prepayment penalty for the first 3 years, with no prepayment penalty after 3 years.
Located at the intersection of Grand Ave and Polk Street, the property provides connectivity to major thoroughfares and is listed as less than a mile from downtown. The surrounding area is described as an Entertainment Arts District with ongoing revitalization and investment activity.
Seller financing is available with 25% down, 7% interest over 30 years, and a 5-year balloon. Terms include a 4% prepayment penalty for the first 3 years, with no prepayment penalty after 3 years.
Key Highlights
- Vacant 6,715+/- SF residential infill lot in Phoenix
- Zoned R5/R1 and supports a range of residential development, including multi‑family configurations
- Consists of 2 parcels: APN 111‑30‑031 and 111‑30‑033
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,317
Businesses Nearby
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant residential infill lot zoned R5/R1, comprised of two parcels, near Grand Avenue and downtown.
Where is this residential land & home lot located?
The property is located at 5-511 N 10th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Vacant 6,715+/- SF residential infill lot in Phoenix; Zoned R5/R1 and supports a range of residential development, including multi‑family configurations; Consists of 2 parcels: APN 111‑30‑031 and 111‑30‑033
