Land For Sale • 0.79 AC
Introducing a prime investment opportunity at 30 N 20th St, Phoenix, AZ, 85034. Nestled in the heart of the Multi Family area and zoned R-5, this property presents an enticing prospect for the discerning Land/Multifamily investor. With its strategic location and versatile zoning, the property offers immense potential for the development of multifamily residences. Embrace the chance to capitalize on this thriving market and maximize your investment returns. Explore the possibilities and secure your foothold in an area primed for growth and success. PROPERTY HIGHLIGHTS * Prime .792-acre infill development site in the heart of Central Phoenix. * Located within a federally designated Opportunity Zone offering significant tax advantages and situated in a Qualified Census Tract, enhancing eligibility for additional federal programs and financing tools. * R-5 High-Density Residential zoning allows up to ~45+ units per acre * Ideal for multi-family, mixed-use, workforce housing, or market-rate development * Minutes from Downtown and Midtown Phoenix. * Immediate access to Interstate 10, State Route 51, and Loop 202 * Surrounded by ongoing urban revitalization and redevelopment activity * Strong rental demand driven by proximity to ASU Downtown, major hospitals, and corporate offices * Flat, usable site with excellent development efficiency * All utilities available (buyer to verify), streamlining planning and entitlement * Emerging corridor with significant public and private investment momentum * Highly flexible site accommodating diverse building typologies and project concepts
| Prime .792-acre infill development site in the heart of Central Phoenix |
| Located within a federally designated Opportunity Zone offering significant tax advantages |
| Situated in a Qualified Census Tract, enhancing eligibility for additional federal programs and financing tools |
| R-5 High-Density Residential zoning allows up to ~45+ units per acre |
| Immediate access to Interstate 10, State Route 51, and Loop 202 |
| Surrounded by ongoing urban revitalization and redevelopment activity |
| Transit/Subway | Drive | Walk | Distance |
|---|---|---|---|
| 24Th St/Washington (METRO Light Rail - Valley Metro (Phoenix Light Rail)) | 2 min | 12 min | 0.7 mi |
| 24Th St/Jefferson (METRO Light Rail - Valley Metro (Phoenix Light Rail)) | 2 min | 14 min | 0.7 mi |
| Airport | Drive | Walk | Distance |
| Phoenix Sky Harbor International | 8 min | - | 3.8 mi |
| Phoenix-Mesa Gateway | 41 min | - | 30.6 mi |