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North Central Phoenix Development Opportunity
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8910 N 8th St, Phoenix, AZ 85020

0.57-acre parcel approved for 20-unit multifamily development.

Property SizeContact for details
Lot Size0.57 Acres
Days on Market694

Property Features for 8910 N 8th St

General Information

Standard status Active
Total Parking Spaces 18
Lot size 0.57 Acres
Property subtype Multifamily, Land
Zoning R-4

Building Details

Stories 3
Units 20
Listing Agency: Commercial Properties Inc Tempe
Listed By: Dallan Randall · License #AZ 670916000
Source: Crexi
Added: Sep 28, 2024 Changed: Aug 14 Last Checked: Aug 14 at 5:58AM

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 Commercial Properties Inc Tempe

Investment Insights

Based on property information with market context.

This approximately 0.57-acre parcel is a development opportunity located at 8910 N 8th St in North Central Phoenix. The property is zoned R-4 and has city approval for the development of a three-story multifamily building comprising 20 residential units. Preliminary plans have been submitted to the City of Phoenix. The site is positioned adjacent to the Acacia Library and surrounded by residential neighborhoods in the Sunnyslope neighborhood. The property is located just west of HonorHealth John C. Lincoln Medical Center and near Sunnyslope High School. The 7th Street and Cave Creek Road corridors provide access to retailers including Fry’s Food Stores, Walmart Neighborhood Market, and Planet Fitness. Local recreation options include Palma Park and the Let It Roll Entertainment Center.

Key Highlights

  • City‑approved project in place for a 20‑unit multi‑family building, "Acacia Affordable Housing."
  • Zoned R‑4, providing a clear and immediate path to development.
  • Located in the desirable North Central Phoenix submarket.

Property Analytics

Current Use

Acacia Townhomes Housing Development

Suggested Use

Top Pick Daycare Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Real Estate Agency Law Firm Carpet & Flooring 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

1,944
Businesses Nearby

Demographics for 85020, AZ

34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - 0.57-acre parcel approved for 20-unit multifamily development.
Where is this residential land & home lot located?
The property is located at 8910 N 8th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: City‑approved project in place for a 20‑unit multi‑family building, "Acacia Affordable Housing."; Zoned R‑4, providing a clear and immediate path to development.; Located in the desirable North Central Phoenix submarket.
(480) 262-1023 Call to check price and availability
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