1005 Taylor StPhoenix, AZ 85006

For Sale
$1,300,000 View listing
  • Commercial land
  • 0.16 AC

Property Details for 1005 Taylor St

Lot size
0.16 AC
Zone code
M-H
Property type
Commercial land
APN
116-26-034
APU
11626034

Description

This exceptional 0.47-acre parcel presents a remarkable multifamily development opportunity in the heart of Phoenix, Arizona. Located at 1005 E Taylor St, this property encompasses three combined lots (APN: 116-26-024, 116-26-033, 116-26-032) and is zoned R-5, allowing for a variety of multi-family residential projects. Its prime downtown location offers unparalleled access to a vibrant urban lifestyle. Within walking distance, residents will find Arizona State University and University of Arizona downtown campuses, Chase Field, Footprint Center, numerous museums, churches, and an array of restaurants. The convenience of light rail is also just a short distance away. This infill opportunity is situated in the rapidly revitalizing Garfield Historic District, making it an ideal investment for developers seeking to capitalize on the area's growth and demand for housing. The asking price for this exceptional property is $1,300,000. Don't miss this chance to build in a thriving, walkable neighborhood. Directions: From Van Buren, go east to 9th Street, then north on 9th Street to Taylor Street, east to the lots.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,738,756
    Hospitality
    $1,592,691
    Educational
    $1,325,100
    Medical
    $1,370,672
    Retail
    $2,061,267
1005 Taylor St, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.4536
Longitude
-112.06
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
$669
-
-
$37,740
-
$251,600
-
$251,600

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