2804 E Broadway Road Unit -, Phoenix, AZ 85040

$640,000

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List Price
$640,000
Status
ACTIVE
Days on Market
101
MLS#
7038862
City
Phoenix
Lot Size
38,534
Acres
0.88

Property Description

Exceptional development opportunity at the highly visible northeast corner of Broadway Road and 28th Street in Phoenix. This offering consists of four parcels totaling a prime infill site with approximately 275 feet of frontage along Broadway Road and 145.2 feet of frontage on 28th Street, providing outstanding exposure and accessibility. Zoned R-5 Multi-Family High Density, allowing up to 43.5 units per acre, the property presents significant potential for apartment, townhome, or other residential development. Strategically located within a designated City of Phoenix Opportunity Zone, offering potential tax advantages for qualified investors. Rare combination of zoning, frontage, visibility, and location in the heart of a rapidly evolving urban corridor.

Additional Information

Taxes
$1,425
Zoning
R-5
Vegetation
Natural Vegetation
Fencing
None
Subdivision
Carefree Homes Blk 8
Electric
SRP
Water
City Franchise
New Financing
Cash, Conventional

Courtesy of HomeSmart. 602-230-7600

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