Small strategic lot near 7th Ave & Camelback. Adjacent to large Multifamily apartments opening in 2024. Zoning is C-2, Intermediate Commercial. No auto use or food truck allowed by Zoning. Pole sign grandfathered in.
The Lea, designed by Capital Allocation Partners is a 18-unit, permit ready project, located in the Woodlea Historic District near the Melrose District in mid-town Phoenix. This 4-story garden style building features a contemporary design with a mid-century feel. All units are well laid out 600sf, 1br/1bth units.
DISCOVER AN UNPARALLELED OPPORTUNITY IN THE HEART OF MIDTOWN PHOENIX'S MELROSE DISTRICT WITH THIS EXTRAORDINARY 2.43-ACRE PARCEL OF LAND, PRESENTING A PRIME MULTIFAMILY BUILDER OPPORTUNITY. BOASTING APPROVED PLANS FOR A 39-UNIT CONDOMINIUM/APARTMENT BUILDING, THIS PROPERTY IS POISED FOR IMMEDIATE DEVELOPMENT. SPECIAL FINANCING TERMS MAKE THIS VENTURE EVEN MORE ENTICING, AND WITH A REMARKABLE 83 WALK SCORE, FUTURE RESIDENTS WILL ENJOY CONVENIENT ACCESS TO A PLETHORA OF AMENITIES. DON'T MISS OUT ON THIS CHANCE TO SHAPE THE LANDSCAPE OF THE VIBRANT MELROSE DISTRICT. FOR INQUIRIES ABOUT SPECIAL SELLER FINANCING, CONTACT JOEL CHACKO FOR PRIVATE DETAILS. THIS IS A RARE AND PROMISING INVESTMENT OPPORTUNITY THAT AWAITS YOUR VISION AND CREATIVITY.
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 85013 has a population of 1,591,119. Phoenix 85013 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 85013 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 85013 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.