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Zoned R5 High-Density Multi-Family Land
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59th & I-10 Ave, Phoenix, AZ 85035

Vacant 1.138-acre parcel zoned R5 for high-density multi-family development.

Property SizeContact for details
Days on Market137

Property Features for 59th & I-10 Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Get MULTIfamily
Listed By: Patrick O'Sullivan, CCIM · License #BR634211000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 6:46AM

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 Get MULTIfamily

Investment Insights

Based on property information with market context.

A vacant 1.138-acre land parcel zoned R5 High Density Multi-Family Residence, offered for build-to-suit development. The property is positioned as a multi-family investment site within a densely populated Phoenix area.

The parcel is near the 202 Freeway entry/exit and close to Interstate 10, with daily traffic counts noted at 42,273 on 59th Ave. and 25,729 on McDowell Rd. It is also described as being near retail and restaurant activity, including nearby tenants such as Walgreens, Subway, AutoZone, and Papa John’s, as well as hospitals and other surrounding commercial services.

Key Highlights

  • Vacant 1.138‑acre parcel zoned R5 for high‑density multi‑family development
  • Located near the 202 Freeway entry/exit in a prime investment area
  • Surrounded by daily retail and restaurant activity, with nearby businesses including Walgreens, Subway, AutoZone, and Papa John's

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Pharmacy Gym & Fitness Center Grocery & Convenience 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

236
Businesses Nearby

Demographics for 85035, AZ

51,441
Population
15,868
Households
3.2
Avg Household Size
28
Median Age
10%
College-Educated
66%
High-School Grad
5.6 sq mi
ZIP Area
9,186
Density / Sq Mi
$57,790
Median Household Income
$34,363
Median Earnings
$1,390
Median Rent
$244,300
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 1.138-acre parcel zoned R5 for high-density multi-family development.
Where is this residential land & home lot located?
The property is located at 59th & I-10 Ave Phoenix, AZ.
What are key features of this property?
This property features: Vacant 1.138‑acre parcel zoned R5 for high‑density multi‑family development; Located near the 202 Freeway entry/exit in a prime investment area; Surrounded by daily retail and restaurant activity, with nearby businesses including Walgreens, Subway, AutoZone, and Papa John's
(602) 842-5050 Call to check price and availability
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