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Informations principales sur l'investissement

  • 5 contiguous parcels spanning East Washington St and East Adams St offering flexible site planning for a unified development
  • Within 1 mile of major employment centers, including Phoenix Sky Harbor Airport and ValleyWise health Medical Center
  • Direct light rail access to Downtown Phoenix, Tempe, Mesa and Phoenix Sky Harbor Airport
  • Ideal for small to midscale multifamily development, supported by walkable-urban zoning designed to encourage transit-oriented housing
  • Daytime population is 50%-90% higher highlighting a significant need for affordable workforce housing

Résumé analytique

Diamond in the rough, this site’s location offers outstanding regional connectivity. It lies just one block from the Valley Metro Light Rail on Washington Street, providing residents with easy access to Downtown Phoenix, Tempe, and Mesa. The property is also only minutes from I-10 and Loop 202, and a short ride from the 44th St/Washington St Light Rail Station, which connects directly to the PHX Sky Train®, offering seamless access to all Phoenix Sky Harbor International Airport terminals and parking facilities.
The area is supported by strong employment fundamentals. Sky Harbor Airport and ValleyWise Health Medical Center—both located within one mile—serve as major employment anchors generating consistent housing demand for workers across a range of income levels. The surrounding daytime population is reported to be 50–90% higher than the total residential population within three miles, signaling a significant imbalance between where people work and where they live. This gap highlights a clear opportunity and ongoing need for attainable and workforce housing in the immediate area.
With its transit-rich location, flexible walkable-urban zoning, major employment proximity, and strong demonstrated need for residential density, this site is exceptionally positioned for a multifamily or mixed-use development that supports Central Phoenix’s continued growth and housing demand.

Informations sur l’immeuble

Prix 1 294 305 €
Type de vente Investissement ou propriétaire occupant
Nb de lots 1
Type de bien Terrain
Sous-type de bien Terrain commercial
Usage proposé
Commercial
  • Local commercial
  • À usage mixte
  • Logement
  • Lots d’appartement
  • Appartements en copropriété
  • Lots d’appartements – Subventionnée
  • En attente de développement
  • Industriel/logis., lot vie-travail
  • Vitrine, local commercial ou bureaux
  • Vitrine, local commercial ou résidentiel
Surface totale du lot 0,31 ha
Nb d’étages 1
Zone de développement économique [USA] Oui
Zonage WU T4:3 and T5:5 - T4:3 Districts.Low-intensity urban residential duplex's & small multi family T5:5 Medium High intensity mixed use, retail, office & residential units

1 Lot disponible

Lot

Prix 1 294 305 €
Prix par ha 4 208 285,83 €
Surface du lot 0,31 ha

This level infill development site, consisting of five contiguous tax parcels—three fronting East Washington Street and two on East Adams Street—offers an exceptional opportunity for a boutique or mid-scale multifamily project in the heart of Central

Description

This level infill development site, consisting of five contiguous tax parcels—three fronting East Washington Street and two on East Adams Street—offers an exceptional opportunity for a boutique or mid-scale multifamily project in the heart of Central Phoenix. Its dual-street frontage enhances design flexibility, circulation, and site planning efficiency, making it highly suitable for urban residential, mixed-use, or live-work configurations. The property is zoned WU T:4.3 and WU T:5.5, both part of Phoenix’s Walkable Urban Code, allowing for medium- to high-density multifamily development, retail, office, and live-work units in a pedestrian-oriented environment. This zoning supports building heights up to 100 feet, enabling developers to maximize density and create housing aligned with modern urban-living demand. The Walkable Urban designations encourage street-activated uses, transit-oriented development, and higher-intensity residential projects—an ideal framework for new multifamily construction.

Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100

Taxes foncières

Taxes foncières

N° de parcelle
Multiple
  • 121-63-114
  • 121-63-096
  • 121-63-116
  • 121-63-097
Évaluation du terrain
16 960 €
Évaluation des aménagements
0 €
Évaluation totale
16 960 €
  • ID de l’annonce: 39488537

  • Date de mise sur le marché: 19/02/2026

  • Dernière mise à jour:

  • Adresse: 2524 E Washington St, Phoenix, AZ 85034

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