New Construction Homes for Sale in 85040, AZ

Calling all builders and Investors! Fantastic opportunity to own a 4,901 sqft lot in a prime Phoenix location. This property previously had a home that has already been demoed. All utilities are on site and ready to go, making this lot fully prepared for your new construction.

Neila Garcia West USA Realty

Rare opportunity to own industrial infill land at low total cost. Below market lease in place with tenant paying $1,300/month on a month to month agreement. Lease was originated in 2018 and rent has not been raised once. Flexible industrial zoning allowing for 40' building height and no set FAR limit. Minimal holding costs with taxes only $2,504.48 (2025).

Jeremy Lovejoy Insight Land & Investments

This property provides an investor with a head start in the development process. Planned for a 14 unit multi-family community, the Planned Roeser Road Apartments includes surveys, site planning, and city comments to be conveyed. This allows a buyer to jump straight into the process utilizing the existing plans, or recreate their own vision using the existing R-3 zoning. The proposed development

Colt Siler Orion Investment Real Estate

Excellent development opportunity in Phoenix! This approximately 0.95-acre lot offers strong potential for builders, investors, and developers. Based on current zoning requirements of approximately 6,000 SF per lot, the property may have the potential to be subdivided into up to 6 residential lots. Nearby newly built homes have sold around $350k-$450k, making this an attractive infill development

David Zhao Dr Win Realty LLC

Situated on approximately 1.45 acres in South Phoenix, 1120 E Roeser Rd presents a prime infill development opportunity with flexible potential uses. Ideally located just minutes from Downtown Phoenix, the property offers convenient access to major freeway corridors including I-10, I-17, US-60, SR-143, and Loop 202. Positioned within a Qualified Census Tract (QCT), the site is well located within

Olivia Guza Compass

NO HOA! Utilities on site! GREAT DEAL FOR INVESTORS LOOKING TO BUILD APARTMENTS, MULTIFAMILY UNITS, OR EVEN A CUSTOM HOME! Incredible opportunity with R4 zoning and great development potential in a growing Phoenix location. Utilities are already on the property, adding convenience and value for future construction. Conveniently located near Downtown Phoenix with quick access to major freeways,

Tanya Moreno eXp Realty

This Property is a rare opportunity to acquire a platted and partially entitled 28-unit multifamily development with the major pre-construction work completed. This project owner has civil plans, landscape plans, MEP plans, and recently extended City of Phoenix permits. This allows an investor developer potentially years of entitlement risk, architectural coordination, and municipal approvals.

Brian Rosella Kidder Mathews

Prime location for development! This large lot is located in the Phoenix Opportunity Zone and is near the light rail expansion in South Phoenix. It currently includes residential buildings and is zoned for high-density, multi-family. Approved site plans for seven to fourteen townhomes are included for 3-story townhomes and common area. Each unit features 2 bedrooms, 2.5 baths, a tandem 2 car

Daniel Brown My Home Group Real Estate

This vacant land parcel presents a rare development opportunity in the South Phoenix (85040)area — a location with strong redevelopment momentum just minutes from Downtown Phoenix and key transportation corridors. The subject site lies within a primarily residential and mixed-use corridor of East Chipman Road, positioned near a mix of single-family homes, multifamily properties, and redevelopment

Cecilia Mulroy My Home Group Real Estate

Prime Infill Development Opportunity | R-3 Zoning | Phoenix Opportunity ZoneLocated at 1820 E Jones Ave, this prime infill R-3 zoned lot offers outstanding potential in a tax-advantaged Phoenix Opportunity Zone. Zoned for multifamily residential or higher-density development, the parcel is also suitable for a single-family residence. With its prime location and flexible zoning, this property

Timothy Risley Heritage Success Realty LLC

Located at 5020 S 16th Street in Phoenix, Arizona, this industrial land offering presents a rare opportunity to acquire a well-positioned parcel in one of the Valley's most active employment and logistics corridors. The property benefits from its central Phoenix location, offering efficient access to the region's major transportation infrastructure and employment base. The site consists of

Linda Gerchick Gerchick Real Estate

Over-sized lot perfect to build your large home or multifamily project. Zoned R-3, this lot is in a great location, walking distance to school and straight shot to downtown Phoenix. Surrounded by newer built homes and close to freeways, employment centers, dining and more. Utility services right at the street. Must check out!

Monica Coker HomeSmart

RATE .58 ACRE LOT ZONED MULTIFAMILY IN PHOENIX AZ, CLOSE TO FREEWAYS, NEW HOMES, NEW APARTMENT COMPLEXES ARE BEING BUILD IN THE AREA, COMMING SOON ACROSS THE STREET A HUGE WAREHOUSE, NEXT TO NEW HOMES AND APARTMENT COMPLEXES. THIS IS A GREAT DEAL TO ALL INVESTORS WHO ARE LOOKING TO BUILD APARTMENTS OR JUST A CUSTOM HOME. GREAT POTENTIAL.

Eleazar Medrano Real Broker

Discover an incredible opportunity in the heart of Phoenix! This vacant lot at 5225 S. 7th Street offers the perfect canvas for builders, investors, or homeowners ready to bring their vision to life.Zoned residential (buyer to verify specifics with the City of Phoenix), this lot presents excellent potential for a custom single-family home or new construction project. With continued growth and

Guadalupe Jorgensen Valley Views RE

GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes,etc.. In a planned residential development,

Roxy Westphal My Home Group Real Estate