$199,000

2539 E Broadway Rd Unit 12 Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $1,166/month

Total Views 3,753
0.16 Acre
$1,243,750 Price per Acre
7,009 Sq Ft Lot

Highlights

  • No HOA
  • Phoenix Coding Academy Rated A
  • Level Lot

About This Lot

Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development — ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange Prime Development Opportunity in Booming South Phoenix! Don't miss this incredible chance to invest in one of Phoenix's fastest-growing neighborhoods! These two R-5 zoned parcels offer the perfect setup for an 8-unit multifamily development ideal for builders, investors, or anyone looking to capitalize on the area's rapid growth. Surrounded by brand-new construction and ongoing residential development, this area is bursting with potential. Just minutes from Sky Harbor Airport, downtown Phoenix, and with quick access to the I-10, this location is a commuter's dream. Proximity to South Mountain Park adds lifestyle appeal, making this a hot spot for future tenants. Whether you're planning a long-term hold, new build, or looking for the perfect 1031 exchange this is the kind of opportunity that doesn't come around often. Parcels: 122-57-003-A & 112-57-005-A

Listing Agent

Zhobin Jawanmardi

Compass License #SA654716000 Listed on: 05/29/2025

Compass

Co-Listing Agent

Adam Joffe

Compass License #SA648317000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $798

Lot Details

  • 7,009 Sq Ft Lot
  • Level Lot
  • Property is zoned R-5

Community Details

  • No Home Owners Association
  • Broadway Estates Lots 1 10, 33 52, 75 94 Subdivision

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 122-57-003-A

Property Details

Property Type

Land

Est. Annual Taxes

$798

Lot Details

0

Listing Details

  • Cross Street: 24th St & Broadway Rd
  • Legal Info Range: 3E
  • Property Type: Land
  • Development Status: Raw Land
  • Topography: Level
  • Zoning: R-5
  • Tax Year: 2024
  • Lot Size Acres: 0.16
  • Road Surface Type: Gravel, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: laun001
  • Co List Office Phone: 480-776-1555
  • Subdivision Name: BROADWAY ESTATES LOTS 1-10, 33-52, 75-94
  • Tax Parcel Letter: A
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: None
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: City Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: unknown
  • Lot Size Sq Ft: 7009.0
  • Additional Parcels: No
  • Parcel #: 122-57-003-A
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 798.0
  • Tax Book Number: 122.00
  • Tax Lot: 12
  • Tax Map Number: 57.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $199,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6872616

Arizona Regional Multiple Listing Service (ARMLS)