722 Grand AvePhoenix, AZ 85007

  • Commercial land
  • 0.54 AC
For Sale
$1,600,000 View listing

Property Details for 722 Grand Ave

Lot size
0.54 AC
Zone code
C-G
Property type
Commercial land
APN
111-30-082A
APU
11130082A

Description

This exceptional 0.54-acre commercial land parcel presents a unique investment opportunity in the heart of Phoenix, Arizona. Located at 722 Grand Ave, this property boasts prominent frontage on both Grand Avenue and 7th Avenue, providing excellent visibility and accessibility. The parcel is zoned C-3, allowing for a wide range of commercial development possibilities. With its strategic location and flexible zoning, this site is ideal for entrepreneurs and developers seeking a high-impact location in a thriving urban area. The property's address is 722 Grand Ave, Phoenix, AZ 85007, and its Assessor's Parcel Number (APN) is 111-30-082A. The asking price for this remarkable opportunity is $1,600,000. Access to the property is available from both Grand Avenue and 7th Avenue, offering convenient ingress and egress. This is a rare chance to acquire a well-situated commercial lot with significant development potential in a rapidly growing market. Don't miss this chance to secure a prime piece of Phoenix real estate.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,968,674
    Hospitality
    $5,467,273
    Educational
    $4,548,707
    Medical
    $4,705,144
    Retail
    $7,075,766

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4524
Longitude
-112.083
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,008
-
-
$159,300
-
$1,062,000
-
$1,062,000

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