2013 7Th St Phoenix, AZ 85006
- Commercial real estate
- 51,348 SF
Current Use by Public Records
- Commercial real estate
Property Details for 2013 7Th St
- Property size
- 51,348 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a portfolio of six properties totaling 51,348 square feet of land in the heart of Phoenix, Arizona. Located at 2013, 2017, 2021, 2025, 2029 & 2033 N 7th St, in the desirable 85006 zip code, this site boasts a prime location within Maricopa County. The property benefits from significant traffic flow and high visibility, situated along the light rail with two stations within easy walking distance. Its proximity to Arizona State University's Downtown Phoenix campus and numerous amenities further enhances its appeal. Convenient access to I-10 and Downtown Phoenix provides excellent connectivity. This redevelopment site presents a unique chance to capitalize on its potential. The property is designated as an Opportunity Zone, offering potential tax advantages. Possible zoning classifications include C-1 and C-2, allowing for a wide range of development options. The asking price for this entire portfolio is $8,200,000, translating to $159.69 per square foot. This represents a compelling investment opportunity for developers seeking a high-impact project in a thriving urban environment. The property's strategic location and redevelopment potential make it an attractive proposition for those seeking significant returns.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.064769
- Latitude
- 33.470474