2804 E BROADWAY Road, -, Phoenix, AZ 85040

$680,000
Property Type: Land Lot Size (sq. ft.): 38,534 Status: Active
Current Price: $680,000 List Date: 8/21/2024 Last Modified: 5/23/2025

Description

Amazing opportunity! Vacant land located in the North East corner of Broadway Rd and 28th Street. This listing is composed of four parcels. Zoned R-5 Multi-family High Density (Up to 43.5 units per acre) This land has 275 feet of frontage on Broadway Road and 145.2 feet of frontage on 28th Street. In addition this land is located on a City of Phoenix Opportunity Zone, a program that provides great tax benefits to investors. To learn more about Opportunity Zones go to:https://www.phoenix.gov/econdev/opportunity-zones

More Information MLS# 6591164

Contract Information

Current Price: $680,000 List Price: $680,000 Status: Active List Date: 2023-08-09 For Sale or Lease?: Sale Type: Exclusive Right To Sell

Location Tax Legal

House Number: 2804 Compass: E Street Name: BROADWAY St Suffix: Road City/Town Code: Phoenix State/Province: AZ Zip Code: 85040 Country: US County Code: Maricopa Assessor Number: 122-17-040-A Subdivision: CAREFREE HOMES BLK 8 Tax Year: 2022

General Property Description

Apx Total Acres: 0.88 Apx Total Acres G/N: G Price Per Acre: 772727.27 Apx SqFt: 38534 Price Per SqFt: 17.65 Apx SqFt G/N: G Lot Size Dimensions: irregular Horses: N Zoning: R-5 Flood Zone: No Elementary School District: Roosevelt Elementary District High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 28th St & Broadway Directions: Land is on NE corner of Broadway Rd and 28th Street. Geo Lat: 33.407266 Geo Lon: -112.020376

Status Change Info

Status Change Date: 2024-08-21

Legal Info

Township: 1N Range: 3E Section: 23 Lot Number: -

Property Features

Special Listing Cond: Probate/Estate Existing Land Use: Residential Lot; Residential Acreage Zoned Presently: Multi-Family Parcel Size: .50 - .99 Acres Current Density: 40+ Units P/Acre Proposed Density: 40+ Units P/Acre Development Status: Raw Land Land Features: North/South Exp View: City Lights; Mountain(s) Elevation: 1,001 - 2,000 Ft Elevation Source: USGS Vegetation: Natural Vegetation Land Configuration: Square Rectangular Road Responsibility: City Maintained Road Traffic Count: 35,001 to 50,000 Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional Environmental: None Lockbox Type: None Fencing: None
Listing Office: HomeSmart
Last Updated: May - 23 - 2025
2804 E BROADWAY Road, -, Phoenix, AZ 85040- MLS# 6591164
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