For Sale
$1,500,000

5307 17Th Ave Phoenix, AZ 85015

1.54-acre residential infill site. Prime location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 1.54-acre land parcel presents a remarkable opportunity for high-density residential development in Phoenix's vibrant Uptown neighborhood. Located at 5307 N 17th Ave, this fee-simple property boasts a Walkable Urban (WU) zoning code, offering unparalleled flexibility and density potential with no limitations. The site is situated within a Qualified Opportunity Zone, providing significant tax advantages for investors. A conceptual site plan already exists, envisioning a 72-unit development. The property's proximity to the Light Rail allows for a 10% reduction in required parking. The average household income within a one-mile radius exceeds $87,000, indicating a strong and affluent target market. This prime infill location is also part of the ReinvestPHX Solona Transit-Oriented Development (TOD) and enjoys convenient access to Downtown Phoenix. The property's APN is 156-39-004A, 156-39-038A. The maximum building height is 40 feet. The asking price for this exceptional development opportunity is $1,500,000.

Highlights

  • Located in a Qualified Opportunity Zone.
  • WU Zoning allows for high-density development.
  • 40-foot maximum building height.
  • Situated within the ReinvestPHX Solona Transit-Oriented Development (TOD).
  • Close proximity to Downtown Phoenix.

Property Details for 5307 17Th Ave

Property type
Land
Lot Size (sq. ft)
67,082 SF

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.5153774
Longitude
-112.0952832

FAQs

What type of property is this?
Land - 1.54-acre residential infill site. Prime location.
Where is the land located?
The property is located at 5307 17Th Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Located in a Qualified Opportunity Zone.; WU Zoning allows for high-density development.; 40-foot maximum building height.
How can I contact the broker?
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5307 17Th Ave
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