601 N 2Nd Ave Phoenix, AZ 85003
For Lease
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Property summary
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.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-DT · Phoenix, AZZoning
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Zoning designation
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