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    1450 7Th Ave, Phoenix, AZ 85007

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    AI-generated overview

    This exceptional redevelopment opportunity encompasses an entire city block in Phoenix's vibrant downtown core, designated as both a Redevelopment Core and Opportunity Zone. The property, located at 1450 S 7th Ave, Phoenix, AZ 85007 (APN 10501085, 10501079B), is ideally situated within walking distance of major sports venues, including professional baseball and basketball arenas. Its proximity to the I-17 Freeway and Sky Harbor International Airport (4 miles) provides unparalleled access and connectivity. This prime location falls squarely within Phoenix's downtown growth corridor, benefiting from a significant $5.03 billion in ongoing public and private investments, fueling a dynamic and attractive environment for future development. The property is zoned Pima St and classified as Retail, Land, and Special Purpose, offering flexibility for a wide range of commercial and industrial projects. The single-tenancy nature of the site presents a unique opportunity for large-scale development or redevelopment. This is a rare chance to capitalize on the explosive growth and revitalization of Downtown Phoenix. Maricopa County location ensures access to a robust infrastructure and a thriving business community.

    Property profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Giovanni's Tire Shop (Bike/Boat/Book/etc) Store Auto Parts Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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