Two Adjacent Development
For Sale
$249,900
764 West Broadway Road Unit 2, Phoenix, AZ 85041
Two adjacent lots offered individually or together, currently zoned R-5 with a rezoning process initiated toward C-2.
Property Size22,774 SF
Lot Size1.00 Acre
Price / SF$10.97
Days on Market183
Property Features for 764 West Broadway Road Unit 2
General Information
Standard status
Active
Size
22,774 SF
Lot size
1.00 Acre
Property subtype
Land
Zoning
R-5
Taxes and HOA fees
Annual Taxes
$1,386
Amenities
0.0
Listing Agency:
ARRT of Real Estate
(480) 300-2879
Listed By:
Anastasia Plesco · License #SA695947000
(480) 300-2879
Source:
Compass
Added: Feb 10
Changed: Aug 8
Last Checked: Mar 25 at 12:50PM
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 ARRT of Real Estate
Investment Insights
Based on property information with market context.
The offering consists of two adjacent development lots that may be purchased separately or together. The property is currently zoned R-5 (Multi-Family Residential), supporting multi-family development potential.
A rezoning process toward C-2 has been previously initiated by the prior owner, which may broaden the range of commercial or mixed-use possibilities. Buyers should verify rezoning status and permitted uses with the City.
For planning purposes, the two parcels are presented as a combined footprint of approximately 1 acre when purchased together, offering flexibility depending on whether an investor seeks a single-lot or consolidated development approach.
A rezoning process toward C-2 has been previously initiated by the prior owner, which may broaden the range of commercial or mixed-use possibilities. Buyers should verify rezoning status and permitted uses with the City.
For planning purposes, the two parcels are presented as a combined footprint of approximately 1 acre when purchased together, offering flexibility depending on whether an investor seeks a single-lot or consolidated development approach.
Key Highlights
- Two adjacent lots offered individually or together, each listed at $250,000
- Approx. 1 acre combined when purchased together
- Currently zoned R‑5 (multi‑family residential)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
294
Businesses Nearby
Explore this area
Business Placement
Demographics for 85041, AZ
64,639
Population
19,729
Households
3.3
Avg Household Size
31
Median Age
19%
College-Educated
76%
High-School Grad
16.0 sq mi
ZIP Area
4,040
Density / Sq Mi
$70,555
Median Household Income
$40,006
Median Earnings
$1,612
Median Rent
$310,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two adjacent lots offered individually or together, currently zoned R-5 with a rezoning process initiated toward C-2.
Where is this residential land & home lot located?
The property is located at 764 West Broadway Road Unit 2 Phoenix, AZ.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two adjacent lots offered individually or together, each listed at $250,000; Approx. 1 acre combined when purchased together; Currently zoned R‑5 (multi‑family residential)
