This 1,225 SF bank owned office building in North Central Phoenix presents a fantastic opportunity for value-add investors, owner-users, or redevelopment. Situated along Northern Ave with 75 feet of frontage, the property benefits from excellent visibility and is conveniently located less than a mile west of the I-17. The property is zoned R-5, offering flexible development potential. Additionally, a large yard on the south side further enhances the property's versatility, making it well-suited for a wide range of uses.
The median home value in Phoenix, AZ is $413,000. This is lower than the county median home value of $456,600. The national median home value is $338,100. The average price of homes sold in Phoenix, AZ is $413,000. Approximately 52.06% of Phoenix homes are owned, compared to 40.81% rented, while 7.13% are vacant. Phoenix real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Phoenix real estate agent to arrange a tour today!
Phoenix, Arizona 85051 has a population of 1,591,119. Phoenix 85051 is less family-centric than the surrounding county with 30.89% of the households containing married families with children. The county average for households married with children is 31.17%.
The median household income in Phoenix, Arizona 85051 is $64,927. The median household income for the surrounding county is $72,944 compared to the national median of $69,021. The median age of people living in Phoenix 85051 is 34.1 years.
The average high temperature in July is 104.5 degrees, with an average low temperature in January of 43.2 degrees. The average rainfall is approximately 9.2 inches per year, with 0 inches of snow per year.