3031 Van Buren St Phoenix, AZ 85009-4958

This exceptional 2-acre commercial land parcel, located at 3031 W Van Buren St, Phoenix, AZ 85009 (APN 109-36-060A), presents a unique investment opportunity. Situated in a rare City of Phoenix C-3 zoning district, this property allows for a wide range of intensive commercial uses. The site is conveniently located within a Difficult Development Area (DDA), offering significant advantages for LIHTC developers, including a 30% basis boost in qualified costs. Its strategic location provides easy access to major transportation arteries, including Interstate 10 (1 mile), Interstate 17 (2 miles), and Loop 202 (3 miles), as well as Phoenix Sky Harbor International Airport (11.7 miles, approximately 20-minute drive). A Valley Metro Phoenix Transit Bus stop is directly in front of the property. The property includes a former mobile home park (approximately 2 acres) that requires separate permitting for sale or development; a retail building (11,020 sq ft) is not included in this offering. Permitted uses under the C-3 zoning include, but are not limited to, self-service storage warehouses, multifamily residential (subject to General Plan Map designation and specific requirements), and other non-single-family residential uses. Detailed zoning information is available upon request. This property offers substantial potential for developers seeking a prime location with significant development flexibility.