2532 Washington St Phoenix, AZ 85034

This exceptional 1.87-acre land assemblage in Phoenix, AZ presents a compelling development opportunity. Located just east of Downtown Phoenix and less than half a mile from Sky Harbor International Airport, this property offers unparalleled convenience and access. The site, encompassing nine parcels (APN: 121-63-075, 121-63-096, 121-63-097, 121-63-109, 121-63-110, 121-63-111, 121-63-114, 123-63-115, 123-63-116), is zoned WU CODE T4:3 GW / WU CODE T5:5 GW, allowing for the construction of 94 residential units. A preliminary site plan, to be delivered at close of escrow, outlines 42 efficiency units, 43 one-bedroom units, and 9 two-bedroom units, all supported by 85 surface parking spaces. The property's proximity to a light rail station, I-10, and Loop 202 ensures excellent connectivity throughout the Phoenix metropolitan area. Its location within an Arizona Opportunity Zone adds significant investment appeal. The site's proximity to Downtown Phoenix, Tempe's educational institutions, and the Phoenix Bioscience Core further enhances its desirability. Buyers will have the flexibility to adapt the preliminary site plan to their specific needs and vision. This is a truly remarkable chance to create a thriving residential community in a prime location. The asking price is $3,100,000.