$1,495,000
$2M PRICE DROP

1755 S Central Ave Unit 15 Phoenix, AZ 85004

Central City Neighborhood

Estimated payment $8,188/month

Total Views 11,658
1.26 Acres
$1,186,508 Price per Acre
54,886 Sq Ft Lot

About This Lot

This historic 1950-built property offers a prime commercial (C-3) zoning designation, ideal for diverse development opportunities.

Situated in a thriving area of Phoenix, it presents strong potential for investors
looking to establish a presence in a dynamic, high-growth market.

Flexible development options, ideal for land investors, flat, usable lot, established utility access, frontage on S Central Ave. Potential for reuse or rebuild.

Listing Agent

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 05/10/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,119

Lot Details

  • 1.26 Acre Lot
  • Property is zoned C-3

Community Details

  • No Home Owners Association
  • Cope Add Blks 7 10 Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 112-39-086-A

Property Details

Property Type

Land

Est. Annual Taxes

$6,119

Lot Details

1.26 Acres

Listing Details

  • Cross Street: Central and Durango
  • Legal Info Range: 3E
  • Property Type: Land
  • Zoning: C-3
  • Tax Year: 2024
  • Lot Size Acres: 1.26
  • Subdivision Name: COPE ADD BLKS 7-10
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Disclosures: None

Utilities

  • Electric: Other (See Rmks)
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 54762.0
  • Number Of Lots: 1
  • Additional Parcels: No
  • Parcel #: 112-39-086-A

Tax Info

  • Tax Annual Amount: 6119.0
  • Tax Book Number: 112.00
  • Tax Lot: 15
  • Tax Map Number: 39.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,500 $45,756 $45,756 --
2024 $6,060 $43,577 $43,577 --
2023 $6,060 $86,520 $86,520 $0
2022 $5,844 $71,865 $71,865 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Price Changed $1,495,000 -55.6% --
05/10/2025 05/10/25 For Sale $3,369,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $750,000 Clearview T&E Agcy
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6864687

Arizona Regional Multiple Listing Service (ARMLS)

APN: 112-39-086A

Arizona Maricopa County Phoenix 85004 Central City

1755 S Central Ave Unit 15, Phoenix, AZ

For Sale

Lots

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Don Mortensen
Listing Agent
Don Mortensen
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LRA Real Estate Group, LLC
(623) 278-5300
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