1724 S 1ST Street, 11, Phoenix, AZ 85004
$165,000
Property Type:
Land
Lot Size (sq. ft.):
9,211
Status:
Closed
Current Price:
$165,000
List Date:
2/21/2024
Last Modified:
5/18/2025
Description
This vacant lot is a great development opportunity in the heart of Phoenix. Located one block from Central Ave, less than one mile from new light rail. Zoning for R3 multi family residence, up zoned to downtown core (DTC).
Property has views of South Mountain and Downtown Phoenix in a central location to downtown and easy access to the freeway. This is a rare opportunity to own a piece of prime real estate in downtown Phoenix.
Value improvements include: Recent ALTA survey, and Code entitlement for single family attached 3 unit development. See supplemental documents for detailed information.
More Information MLS# 6666754
Contract Information
Current Price: $165,000
Sold Price: $165,000
Status: Closed
List Date: 2024-02-07
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 1724
Compass: S
Street Name: 1ST
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2802
County Code: Maricopa
Assessor Number: 112-39-083
Subdivision: COPE ADD BLKS 7-10
Tax Year: 2023
General Property Description
Apx Total Acres: 0.21
Apx Total Acres G/N: G
Price Per Acre: 892857.14
Apx SqFt: 9211
Price Per SqFt: 20.36
Apx SqFt G/N: G
Lot Size Dimensions: 100x95ft
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Remarks Misc
Cross Street: Mohave & 1st St
Directions: One block east of Central Ave, between Mohave and Durango
Geo Lat: 33.430422
Geo Lon: -112.072962
Status Change Info
Off Market Date: 2024-06-19
Under Contract Date: 2024-05-14
Close of Escrow Date: 2024-06-18
Sold Price: $165,000
Legal Info
Township: 1N
Range: 3E
Section: 17
Lot Number: 11
Showing Notification Methods
Showing Service: Aligned Showings
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Single Family; Multi-Family; Industrial; Other (See Rmks)
Potential Use: Single Family; Multi-Family; Commercial; Industrial
Parcel Size: .0 - .24 Acres
Development Status: Raw Land
Land Features: North/South Exp; East/West Exposure
View: City Lights; Mountain(s)
Road Responsibility: City Maintained Road
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Available
Electric: APS
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash
Use Restrictions: Airport Flight Zone
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Listing Office: HomeSmart
Last Updated: May - 18 - 2025
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