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Urban Commercial Development Land
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Pending

625-629 N 2nd Ave, Phoenix, AZ 85003

Opportunity Zone site near light rail, Roosevelt Row, and Downtown Phoenix amenities.

Property SizeContact for details
Days on Market148

Property Features for 625-629 N 2nd Ave

General Information

Standard status Pending
Property subtype Retail, Multifamily, Office, Land
Listing Agency: SVN | Desert Commercial Advisors
Listed By: Justin Horwitz · License #AZ SA562459000
Source: Crexi
Added: Apr 10 Changed: Sep 2 Last Checked: Sep 3 at 9:31AM

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 SVN | Desert Commercial Advisors

Investment Insights

Based on property information with market context.

This 0.64-acre commercial land offering comprises a development site at 625-629 N. 2nd Ave in Downtown Phoenix. The property is within an Opportunity Zone, and its existing zoning supports a range of stated uses, including multifamily, retail, office, and hospitality. The site is located in a Character Area with no density limit identified in the property information.

The parcel sits just south of the southeast corner of 2nd Avenue and McKinley Street, less than a block from Roosevelt Row and multiple light rail stations. Access to light rail and the I-10 Freeway connects the site with Sky Harbor International Airport, Tempe, Midtown, and other areas of the Phoenix metro. The location also places the property near Downtown Phoenix amenities and surrounding urban destinations.

Key Highlights

  • 0.64‑acre commercial development site in Downtown Phoenix
  • Located within an Opportunity Zone
  • Existing zoning supports multifamily, retail, office, and hospitality uses

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Mobile Phone Store Nursing Home Veterinary 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.

Location Intelligence

Trade Area within ½ mile

5,287
Businesses Nearby

Demographics for 85003, AZ

11,042
Population
6,117
Households
1.8
Avg Household Size
37
Median Age
45%
College-Educated
87%
High-School Grad
1.9 sq mi
ZIP Area
5,812
Density / Sq Mi
$56,672
Median Household Income
$55,122
Median Earnings
$1,258
Median Rent
$577,700
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?
Commercial land - Opportunity Zone site near light rail, Roosevelt Row, and Downtown Phoenix amenities.
Where is this commercial land located?
The property is located at 625-629 N 2nd Ave Phoenix, AZ.
What are key features of this property?
This property features: 0.64‑acre commercial development site in Downtown Phoenix; Located within an Opportunity Zone; Existing zoning supports multifamily, retail, office, and hospitality uses
(480) 220-2674 Call to check price and availability
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