4655 16Th St, Phoenix, AZ 85040
This exceptional 2.5-acre property located at 4655 S 16th St, Phoenix, AZ 85040, presents a unique investment opportunity. The property features a substantial 10,000 square foot building currently configured as a church. The expansive lot offers significant potential for redevelopment given its R-5 zoning, which permits multi-family residential development at a density of 45 dwelling units per acre or more. The property boasts an improved parking lot with over 85 parking spaces, providing ample convenience for future occupants or users. The parcel number is 122-40-024A. This versatile property is ideally situated in Maricopa County, offering easy access to major transportation routes and amenities. The substantial size and flexible zoning make this an attractive prospect for developers seeking a prime location for a variety of projects. Contact us today to discuss pricing and explore the possibilities this exceptional property offers. The property is being offered for sale.
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Fire and Faith Ministries Church Church
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Elevate Christian Church Church Mosque
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.