7539 E 1st Street, 3, Scottsdale, AZ 85251
New Listing
$1,295,000
Property Type:
Land
Lot Size (sq. ft.):
9,235
Status:
Active
Current Price:
$1,295,000
List Date:
8/17/2025
Last Modified:
8/17/2025
Description
Exceptional development-ready lot located in the heart of Old Town Scottsdale, just blocks from the area's premier shopping, dining, and entertainment venues, including Scottsdale Stadium and Scottsdale Fashion Square. This highly desirable parcel is zoned Downtown (D/T), allowing for up to 50 units per acre and offering the potential to develop four or more luxury multi-family residences with dedicated parking.
The site benefits from multiple points of ingress and egress, providing flexibility in site planning and design. With the City of Scottsdale actively supporting higher-density residential development, this property presents an outstanding opportunity for investors seeking to capitalize on small-scale, high-quality multi-family projects in one of the Valley's most sought-after
Supplements: urban neighborhoods.
More Information MLS# 6907196
Contract Information
Current Price: $1,295,000
List Price: $1,295,000
Status: Active
List Date: 2025-08-17
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
House Number: 7539
Compass: E
Street Name: 1st
St Suffix: Street
City/Town Code: Scottsdale
State/Province: AZ
Zip Code: 85251
County Code: Maricopa
Assessor Number: 130-25-021
Tax Year: 2024
General Property Description
Apx Total Acres: 0.21
Apx Total Acres G/N: G
Price Per Acre: 6166666.67
Apx SqFt: 9235
Price Per SqFt: 140.23
Apx SqFt G/N: G
Lot Size Dimensions: 70 x 132
Zoning: DT
Remarks Misc
Cross Street: 1st St and Miller
Directions: West on 1st St, property is on the S side of 1st.
Geo Lat: 33.49193
Geo Lon: -111.918149
Legal Info
Lot Number: 3
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Existing Land Use: Residential Lot
Zoned Presently: Multi-Family
Potential Use: Multi-Family; Commercial; Office
Parcel Size: .0 - .24 Acres
Proposed Density: 40+ Units P/Acre
Development Status: On Site Imp Cmplete
Land Features: North/South Exp
Land Configuration: Square Rectangular
Road Responsibility: City Maintained Road
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: Call Listing Office
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Owner May Carry
Environmental: None
Lockbox Type: None
Listing Office: West USA Realty
Last Updated: August - 17 - 2025
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