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DESCRIPTION

The Van Buren corridor from 7th St to Interstate-10 is currently a top priority at the City of Phoenix as a revitalization project (street widening and beautification, moratorium on car dealerships/automotive repair shops) to enhance the overall area.One of the largest vacant land parcels available in the downtown Phoenix market, with all utilities to the property and all off-sites completed. Site has great access to Interstate-10 via interchanges at 16th St and Washington St / Jefferson St. The property is located with-in an ''Opportunity Zone'' which offers investors who reinvest capital gains monies in these areas to receive reductions on capital gains taxes relative to the years of their investment.

KEY DETAILS
  • Price:
  • $5,250,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • n/a
  • Acreage:
  • 7.80
  • MLS #:
  • 5832013
  • Street Address:
  • 417 N 16th St
  • City:
  • Phoenix
  • State:
  • AZ
  • Postal Code:
  • 85006
  • County:
  • Maricopa
  • Listing Status:
  • For Sale - Active

Land

  • Approximate Lot Size Range:
  • 5.00 - 9.99 Acres
  • Conforms To Zoning:
  • C-3
  • Existing Land Use:
  • Commercial Acreage
  • Lot Number:
  • -
  • Lot Square Footage:
  • 339768.00

Listing

  • For Sale Or Lease?:
  • Sale
  • Terms:
  • Cash, Conventional

Money

  • Property Taxes:
  • $16,207
  • Tax Year:
  • 2018

Systems

  • Electricity:
  • City Electric
  • Existing Water:
  • City Franchise
  • Gas:
  • City Gas
  • Sewage Type:
  • Sewer - Public

Source

  • Listings Provided by Insight Land & Investments

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SCHOOL RATINGS

No school information available.

NOTES

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