601 2Nd Ave Phoenix, AZ 85003
- Commercial land
- 3,668 SF
- 0.16 lot acres
Current Use by Public Records
- Commercial land
Property Details for 601 2Nd Ave
- Year built
- 1920
- Lot size
- 0.16 lot acres
- Property size
- 3,668 SF
- Zone code
- C-DT
- Property type
- Commercial land
- APN
- 111-40-012
- APU
- 11140012
Description
This exceptional 0.16-acre commercial land parcel presents a unique investment opportunity in Phoenix's vibrant Central Corridor. Located at 601 N 2nd Ave, this single-tenant site boasts a highly desirable location, zoned [DTC-E-ROO] Downtown Code - Roosevelt East within Maricopa County. Its strategic corner location offers maximum visibility and accessibility. The property is situated adjacent to numerous recently constructed multi-family residential buildings, ensuring a strong and growing surrounding population. Furthermore, its proximity to the Arizona State University Downtown Phoenix campus creates a high-density student population, providing a substantial potential customer base for various commercial ventures. A Circle K gas station is also immediately adjacent, adding to the area's established commercial activity. The convenience of the light rail system, less than 200 feet away, provides excellent public transportation access. This vacant lot offers developers and investors a rare chance to capitalize on the significant growth and development occurring in this dynamic area of Phoenix, Arizona, zip code 85003. The property's size and location make it ideal for a variety of commercial uses, subject to zoning approvals. This is a truly exceptional opportunity to secure a prime piece of real estate in a rapidly expanding urban center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.076
- Latitude
- 33.4549
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
