Entity Owned Property summary
This exceptional 71,259 square foot lot presents a prime multi-family development opportunity in the heart of Phoenix, Arizona. Located at 232 E McDowell Rd, this fee simple property boasts a highly desirable DTC zoning designation, allowing for the construction of up to 150 residential units. The site's strategic location between Downtown and Midtown Phoenix offers unparalleled connectivity, with direct access to Interstate 10 providing convenient East/West travel. The maximum building… height permitted is 90 feet, providing significant potential for a high-density, high-value development. The property's APN is 118-55-005E, and it is situated in Maricopa County, Arizona, zip code 85004. This is a truly rare opportunity to acquire a trophy site in one of Phoenix's most dynamic and rapidly growing neighborhoods. The property's high profile location and development potential make it an exceptional investment for discerning developers seeking a landmark project. This central core location offers unmatched access to amenities, employment centers, and transportation infrastructure. The significant lot size and zoning allowances provide ample flexibility for a variety of multi-family development concepts. Don't miss this chance to secure a piece of Phoenix's vibrant future.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 8 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,439 SF
- Lot area
- 1.22 ac
- Year built
- 1961
- Stories
- 1
- APN
- 118-55-005E
- Zoning
- DTC-TWNPK
- Assessed value · 2024
- $891,161
- Annual tax · 2023
- $23,571
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Roosevelt South will be the gateway to historic Roosevelt North, and an oasis for pedestrians from adjacent high-rise and high-density areas. While the neighborhood will retain its residential character, it will become a…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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