375 E Alvarado Rd Phoenix, AZ 85004
Alvarado Historic District NeighborhoodEstimated payment $3,262/month
Highlights
- Very Popular Property
- The property is located in a historic district
- No HOA
- Phoenix Coding Academy Rated A
- 0.36 Acre Lot
- 5-minute walk to Monterey Park
About This Lot
Prime Central Phoenix Development Opportunity Positioned in a highly desirable central Phoenix setting, this 15,666-square-foot (0.36-acre) C-1 zoned parcel offers a compelling opportunity for an investor, developer, or owner-user seeking a well-located infill site. The property sits within an established neighborhood near major employment, dining, retail, and the downtown core, with city and mountain views visible from the site. The level, rectangular lot provides excellent flexibility for a thoughtfully designed commercial or residential-style development, subject to City of Phoenix review and approvals. Concept imagery illustrates the potential for a contemporary single-level 10-unit courtyard-style project, featuring clean modern architecture, private front entries, desert landscaping, and a polished streetscape presence.
Existing public-record sources describe the site as approximately 0.36 acres / 15,666 square feet, with C-1 zoning and a prior 2,483-square-foot commercial improvement. Buyers should independently verify zoning, permitted uses, utilities, setbacks, parking requirements, density, and all development feasibility with the City of Phoenix.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,641
Lot Details
- 15,666 Sq Ft Lot
- Brick Fence
- Property is zoned C1
Location
- The property is located in a historic district
Schools
- Lowell Elementary School
- Central High School
Community Details
- No Home Owners Association
- Goettl Place Subdivision
Listing and Financial Details
- Assessor Parcel Number 118-53-035-B
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,641 | $38,508 | $38,508 | -- |
| 2024 | $1,966 | $36,675 | $36,675 | -- |
| 2023 | $1,966 | $76,910 | $15,380 | $61,530 |
| 2022 | $1,852 | $51,550 | $10,310 | $41,240 |
| 2021 | $1,842 | $42,550 | $8,510 | $34,040 |
| 2020 | $1,863 | $40,360 | $8,070 | $32,290 |
| 2019 | $1,860 | $35,560 | $7,110 | $28,450 |
| 2018 | $1,831 | $26,580 | $5,310 | $21,270 |
| 2017 | $1,758 | $18,820 | $3,760 | $15,060 |
| 2016 | $1,665 | $19,480 | $3,890 | $15,590 |
| 2015 | $1,542 | $14,260 | $2,850 | $11,410 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/04/2026 07/04/26 | For Sale | $520,000 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7049982
APN: 118-53-035B
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Ask me questions while you tour the home.