764 W BROADWAY Road #2, Phoenix, AZ 85041
764 W BROADWAY Road #2, Phoenix, AZ 85041
764 W BROADWAY Road #2, Phoenix, AZ 85041
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$229,000
Est. payment /mo
0.52 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Broadway Gardens 1 Thru 9

MLS Listing ID 6988188

HOA Y/N No

Annual Tax Amount $1,386

Tax Year 2025

Lot Size 0.523 Acres

Acres 0.52

Lot Dimensions 99.91X229.75

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Prime Development Opportunity - Two Adjacent Lots | Endless Potential. 2 LOTS- Each lot is offered at $229,000

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.

Location

State AZ

County Maricopa

Community Broadway Gardens 1 Thru 9

Area Maricopa

Zoning R-5

Interior

Flooring Flooring

Exterior

View City, Desert

Private Pool No

Building

Sewer Public Sewer

Water Other

New Construction No

Schools

Elementary Schools Cesar E Chavez Community School

Middle Schools Cesar E Chavez Community School

High Schools Phoenix Coding Academy

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 105-56-002-A

Acceptable Financing Cash, Conventional

Disclosures None

Listing Terms Cash, Conventional


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Arizona Regional MLS (ARMLS)
Listed by ARRT of Real Estate • Anastasia Plesco

Nearby Locations

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Coach Manny Caballero

Coach Manny Caballero

+1(480) 695-6485

Broker Associate | License ID: BR116302000 - Co Lic#LC7128070

Broker Associate License ID: BR116302000 - Co Lic#LC7128070

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