764 W Broadway Road #2, Phoenix, AZ 85041
Local realty services provided by:CENTURY 21 Northwest Realty
764 W Broadway Road #2,Phoenix, AZ 85041
$245,000
- 0.52 Acres
- Lots / Land
- Active
Listed by: anastasia plesco
Office: arrt of real estate
MLS#:6988188
Source:ARMLS
Price summary
- Price:$245,000
About this home
Prime Development Opportunity - Two Adjacent Lots | Endless Potential. 2 LOTS- Each lot is offered at $250,000
Rare opportunity to acquire two separate parcels totaling approximately 1 acre when combined! Each lot is offered at $250,000, presenting investors and developers the flexibility to purchase individually or together for expanded possibilities.
Currently zoned R-5 (Multi-Family Residential), this property already offers strong development potential. Even more exciting -- the previous owner initiated the rezoning process to C-2, opening the door to an even wider range of commercial and mixed-use opportunities (buyer to verify with the city). Why This Property Stands Out:
Two parcels - buy one or both
Approx. 1 acre combined
Current R-5 zoning (multi-family potential)
Rezoning process toward C-2 previously started
High-growth area with strong demand
Ideal for developers, builders, or long-term investors
With multi-family, mixed-use, or potential commercial flexibility, this property offers tons of upside and future value appreciation. Whether you're looking to build residential units, explore commercial development, or secure land in a growing corridor -- this is a strategic acquisition.
Opportunities like this don't come around often. Secure one lot or maximize your footprint with both....
Contact an agent
Home facts
- Listing ID #:6988188
- Updated:April 24, 2026 at 11:51 PM
Structure and exterior
- Lot area:0.52 Acres
Schools
- High school:Phoenix Coding Academy
- Middle school:Cesar E Chavez Community School
- Elementary school:Cesar E Chavez Community School
Finances and disclosures
- Price:$245,000
- Tax amount:$1,386 (2025)
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