Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    722 Grand Ave Phoenix, AZ 85007

    For Sale
    $1,600,000

    0.54-acre lot, C-3 zoning, Grand Ave frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity in the heart of Phoenix, Arizona. Located at 722 Grand Ave, this property boasts prominent frontage on both Grand Avenue and 7th Avenue, providing excellent visibility and accessibility. The parcel is zoned C-3, allowing for a wide range of commercial development possibilities. With its strategic location and flexible zoning, this site is ideal for entrepreneurs and developers seeking a high-impact location in a thriving urban area. The property's address is 722 Grand Ave, Phoenix, AZ 85007, and its Assessor's Parcel Number (APN) is 111-30-082A. The asking price for this remarkable opportunity is $1,600,000. Access to the property is available from both Grand Avenue and 7th Avenue, offering convenient ingress and egress. This is a rare chance to acquire a well-situated commercial lot with significant development potential in a rapidly growing market. Don't miss this chance to secure a prime piece of Phoenix real estate.

    Property Features for 722 Grand Ave

    General Information

    Property type
    Land
    Lot Size
    23,522 SF

    HighLights

    • 0.54‑acre parcel available for sale.
    • Dual frontage on Grand Avenue and 7th Avenue.
    • C‑3 zoning designation.
    • Access points from both Grand Avenue and 7th Avenue.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Law Firm Building Supply Clothing Store Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.083114
    Latitude
    33.452424

    Nearby Similar for Sale

    • $11,600,000

      Arcadia Area Condos For Sale

      Eight high-end condos in Phoenix's Arcadia area, each with private elevator.
      4525 N 40Th St, Phoenix, AZ 85018
      View Details
    • New
      $534,400

      Renovated Multi-Family Property in Phoenix

      Three units, renovated in 2024, located in Roosevelt Arts District.
      325 N 17Th Dr, Phoenix, AZ 85007
      View Details
    • $615,000
      Pending

      New Construction Duplex in Phoenix

      Modern duplex in downtown Phoenix with no HOA fees.
      1120 S 4Th Ave, Phoenix, AZ 85003
      View Details
    • $499,999

      Phoenix Multi-Unit Investment Opportunity

      Two adjacent properties with three units in central Phoenix.
      1813 W Sherman St, Phoenix, AZ 85007
      View Details
    • New
      $424,900

      Phoenix Multifamily Investment Opportunity

      Four-unit property with income and renovation upside near GCU.
      2522 W Palo Verde Dr, Phoenix, AZ 85017
      View Details
    • New
      $958,900

      Updated Tri-Plex in Uptown Phoenix

      Updated tri-plex in Uptown Phoenix, ideal for investors.
      6239 N 14Th St, Phoenix, AZ 85014
      View Details

    FAQs

    What type of property is this?
    Land - 0.54-acre lot, C-3 zoning, Grand Ave frontage
    Where is this land located?
    The property is located at 722 Grand Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: 0.54-acre parcel available for sale.; Dual frontage on Grand Avenue and 7th Avenue.; C-3 zoning designation.
    (602) 491-9295
    Request Owner's contact information
    722 Grand Ave Phoenix, AZ 85007
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    722 Grand Ave
    Phoenix, AZ 85007
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    722 Grand Ave Phoenix, AZ 85007
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.