764 W BROADWAY Road 2, Phoenix, AZ 85041

$230,000
Property Type: Land Lot Size (sq. ft.): 22,774 Status: Active
Current Price: $230,000 List Date: 2/22/2026 Last Modified: 5/03/2026

Overview

Description

Prime Development Opportunity - Two Adjacent Lots | Endless Potential. 2 LOTS- Each lot is offered at $250,000 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).

Supplements: 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, thi ...

Listing Details MLS# 6988188

Location, Tax & Legal

House Number
764
Compass
W
Street Name
BROADWAY
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85041
Zip4
2303
Country
US
County Code
Maricopa
Assessor Number
105-56-002-A
Subdivision
BROADWAY GARDENS 1 THRU 9
Tax Year
2025
Lot #
2
Assessor's Map #
56
Legal Description (Abbrev)
LOT 2 BROADWAY GARDENS 1 THRU 9 MCR
Assessor's Parcel #
2
Assessor Parcel Ltr
A
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114800
Taxes
1386

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
0.52
Apx Total Acres G/N
G
Price Per Acre
442307.69
Apx SqFt
22774
Price Per SqFt
10.1
Apx SqFt G/N
G
Lot Size Dimensions
99.91X229.75
Zoning
R-5
Elementary School District
Roosevelt Elementary District
High School District
Phoenix Union High School District
Elementary School
Cesar E Chavez Community School
Jr. High School
Cesar E Chavez Community School
High School
Phoenix Coding Academy

Remarks Misc

Cross Street
7TH Ave and Broadway

Legal Info

Township
1N
Range
3E
Section
19
Lot Number
2

Showing Notification Methods

Showing Service
Aligned Showings

More Information

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
249900
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Lockbox Type

See Private Remarks
Yes

Existing Land Use

Residential Lot
Yes

Zoned Presently

Multi-Family
Yes

Potential Use

Multi-Family
Yes
Commercial
Yes
Mobile/Mgf Hme/RV's
Yes
See Remarks
Yes

Parcel Size

.50 - .99 Acres
Yes

View

City
Yes
Desert
Yes

Water Source

Other
Yes

Sewer

Sewer - Public
Yes

Electric

City Electric
Yes

Gas

City Gas
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Distance to Electric

Under 350 Feet
Yes

Distance to Gas

Under 350 Feet
Yes

Distance to Sewer

Under 350 Feet
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Residential Lot Zoned Presently: Multi-Family Potential Use: Multi-Family; Commercial; Mobile/Mgf Hme/RV's; See Remarks Parcel Size: .50 - .99 Acres View: Desert Water Source: Other Sewer: Sewer - Public Electric: City Electric Gas: City Gas Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Other (See Rmks) New Financing: Cash; Conventional Environmental: None Lockbox Type: See Private Remarks
IDX
Listing Office: ARRT of Real Estate
Last Updated: May - 03 - 2026
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