Residential Infill Lot in
For Sale
$250,000
511 North 10th Avenue Unit 5, Phoenix, AZ 85007
Vacant residential infill lot ideal for development in Phoenix.
Property Size3,445 SF
Lot Size0.08 Acres
Price / SF$72.57
Days on Market119
Property Features for 511 North 10th Avenue Unit 5
General Information
Standard status
Active
Size
3,445 SF
Lot size
0.08 Acres
Property subtype
Land
Zoning
R-5
Taxes and HOA fees
Annual Taxes
$266
Amenities
No
Listing Agency:
Real Broker
(480) 354-7344
Listed By:
Kenny Klaus · License #SA515503000
(480) 354-7344
Source:
Compass
Added: Apr 27
Changed: Aug 8
Last Checked: Jul 16 at 3:04AM
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.
This vacant residential infill lot, approximately 6715 square feet, offers an opportunity for developers and investors in Phoenix. Zoned R5/R1, the site supports various residential development options, including multi-family configurations. The property consists of two parcels. Located at the intersection of Grand Avenue and Polk Street, the property provides connectivity to major thoroughfares and is less than a mile from downtown. Situated along Grand Avenue in the Entertainment Arts District, the site is suited for builders and investors looking to capitalize on Phoenix's expanding residential demand. Seller financing is available with 25% down, 7% interest over 30 years with a 5-year balloon. There is a 4% prepayment penalty for the first 3 years, with no prepayment penalty after that.
Key Highlights
- Large 6715 sq ft infill lot in central Phoenix location.
- Flexible R5/R1 zoning allows for multi‑family development.
- Located less than a mile from downtown Phoenix.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,301
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 ideal for development in Phoenix.
Where is this residential land & home lot located?
The property is located at 511 North 10th Avenue Unit 5 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: Large 6715 sq ft infill lot in central Phoenix location.; Flexible R5/R1 zoning allows for multi‑family development.; Located less than a mile from downtown Phoenix.
