1230 Peoria Ave Phoenix, AZ 85029

This exceptional Phoenix investment opportunity presents 41,128 square feet (approximately 0.944 acres) of commercially zoned land, ideally suited for multifamily development. Located at 1230 W Peoria Ave, Phoenix, AZ 85029 (APN 159-15-028A), this property boasts an R-3 zoning designation within Maricopa County. The substantial lot size offers significant potential for a high-density residential project. The asking price is $500,000. Prospective buyers are responsible for verifying all utilities and allowable density to determine the maximum number of residential units or single-family homes that can be built on the site. This property is being offered as-is, and the information provided is believed to be accurate but is not guaranteed. All interested parties are strongly encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended use before making an offer. This includes, but is not limited to, confirming zoning regulations, utility availability, and potential building restrictions. The opportunity to develop a multifamily project in this location presents a compelling investment prospect.