756 W Broadway Rd Unit 3 Phoenix, AZ 85041
South Mountain NeighborhoodEstimated payment $1,403/month
Highlights
- City View
- 0.53 Acre Lot
- 4-minute walk to Kipok Mini Park
- Phoenix Coding Academy Rated A
- No HOA
About This Lot
Prime Development Opportunity - Two Adjacent Lots | Endless Potential Rare opportunity to acquire two separate parcels totaling approximately 1 acre when combined! Each lot is offered at $250,000, presenting investors and developers the flexibility to purchase individually or together for expanded possibilities. Currently zoned R-5 (Multi-Family Residential), this property already offers strong development potential. Even more exciting -- the previous owner initiated the rezoning process to C-2, opening the door to an even wider range of commercial and mixed-use opportunities (buyer to verify with the city). Why This Property Stands Out: Two parcels - buy one or both Approx. 1 acre combined Current R-5 zoning (multi-family potential) Rezoning process toward C-2 previously started High-growth area with strong demand Ideal for developers, builders, or long-term investors With multi-family, mixed-use, or potential commercial flexibility, this property offers tons of upside and future value appreciation. Whether you're looking to build residential units, explore commercial development, or secure land in a growing corridor -- this is a strategic acquisition.
Opportunities like this don't come around often. Secure one lot or maximize your footprint with both.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,397
Lot Details
- 0.53 Acre Lot
- Property is zoned R-5
Property Views
- City
- Desert
Schools
- Cesar E Chavez Community Elementary And Middle School
- Phoenix Coding Academy High School
Community Details
- No Home Owners Association
- Broadway Gardens 1 Thru 9 Subdivision
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 105-56-003-A
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,397 | $9,266 | $9,266 | -- |
| 2024 | $1,322 | $8,825 | $8,825 | -- |
| 2023 | $1,322 | $19,095 | $19,095 | $0 |
| 2022 | $1,296 | $12,045 | $12,045 | $0 |
| 2021 | $1,322 | $10,065 | $10,065 | $0 |
| 2020 | $1,306 | $7,260 | $7,260 | $0 |
| 2019 | $2,423 | $13,260 | $13,260 | $0 |
| 2018 | $2,381 | $12,750 | $12,750 | $0 |
| 2017 | $2,369 | $13,290 | $13,290 | $0 |
| 2016 | $2,253 | $12,075 | $12,075 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2026 02/22/26 | For Sale | $249,900 | +42.8% | -- | |
| 09/14/2022 09/14/22 | Sold | $175,000 | 0.0% | -- | View Prior Sale |
| 08/15/2022 08/15/22 | Pending | -- | -- | -- | |
| 08/03/2022 08/03/22 | For Sale | $175,000 | +288.9% | -- | |
| 01/20/2021 01/20/21 | Sold | $45,000 | -18.3% | -- | View Prior Sale |
| 01/16/2019 01/16/19 | Price Changed | $55,080 | 0.0% | -- | |
| 01/02/2018 01/02/18 | Price Changed | $55,080 | 0.0% | -- | |
| 07/10/2017 07/10/17 | Pending | -- | -- | -- | |
| 06/11/2017 06/11/17 | Price Changed | $55,080 | -42.0% | -- | |
| 09/29/2016 09/29/16 | For Sale | $95,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | -- | Security Title Agency Inc | |
| Warranty Deed | $45,000 | Security Title Agency Inc | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Capital Title Agency Inc | |
| Warranty Deed | $140,000 | Capital Title Agency Inc |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6988186
APN: 105-56-003A
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Ask me questions while you tour the home.