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Mixed-Use Redevelopment Site
For Sale
$2,350,000
Pending

7140 E 1st Ave, Scottsdale, AZ 85251

C-2 DO-zoned parcel with existing residential and detached retail improvements near Old Town Scottsdale activity.

Property Size2,546 SF
Lot Size0.15 Acres
Days on Market420

Property Features for 7140 E 1st Ave

General Information

Standard status Pending
Size 2,546 SF
Lot size 0.15 Acres
Zoning C-2 DO

Taxes and HOA fees

Annual Taxes $6,230
Listing Agency: Compass
Listed By: Nathan Waite · License #SA677376000
Source: Exprealty
Added: Jul 8, 2025 Changed: Aug 29 Last Checked: Jul 25 at 7:46AM

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 Compass

Investment Insights

Based on property information with market context.

This mixed-use property includes a one-bedroom, one-and-a-half-bath residence with an attached therapy or treatment area, along with a separately metered detached retail building of approximately 600 SF. The parcel is zoned C-2 DO and measures .15 acres. A mixed-use redevelopment concept was previously submitted to the City of Scottsdale Development Review Board, with plans calling for approximately 18,000 SF comprising commercial and residential components.

The property is located just off Scottsdale Rd and 1st Ave in Old Town Scottsdale. It is adjacent to a public parking lot and benefits from the surrounding pedestrian activity and street exposure described for the site. Conceptual site plans and C.O.S. Review documents are available upon request.

Key Highlights

  • .15‑acre C‑2 DO‑zoned parcel in Old Town Scottsdale
  • Previously submitted redevelopment concept totaling approx. 18,000 SF
  • Proposed plan includes ±10,000 SF commercial and ±8,000 SF residential

Property Analytics

Current Use

Dana Health Services Medical Clinic Scottsdale Natural Healing Medical Clinic Second Nature Clinic Spa & Massage Center AyurZona Physician

Suggested Use

Top Pick Auto Parts Store Daycare Center Grocery & Convenience Store Storage Facility Electrical Service (Bike/Boat/Book/etc) 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

6,603
Businesses Nearby

Demographics for 85251, AZ

40,073
Population
26,456
Households
1.5
Avg Household Size
39
Median Age
60%
College-Educated
96%
High-School Grad
7.2 sq mi
ZIP Area
5,566
Density / Sq Mi
$89,151
Median Household Income
$60,282
Median Earnings
$1,771
Median Rent
$500,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2 DO-zoned parcel with existing residential and detached retail improvements near Old Town Scottsdale activity.
Where is this mixed-use property located?
The property is located at 7140 E 1st Ave Scottsdale, AZ.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: .15‑acre C‑2 DO‑zoned parcel in Old Town Scottsdale; Previously submitted redevelopment concept totaling approx. 18,000 SF; Proposed plan includes ±10,000 SF commercial and ±8,000 SF residential
More about this property
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