111 E Southern Avenue, Phoenix, AZ 85040

Local realty services provided by:ERA Brokers Consolidated
111 E Southern Avenue,Phoenix, AZ 85040
$1,750,000
  • 2.82 Acres
  • Lots / Land
  • Active
Listed by: roxy westphal, elizabeth erwinroxygirlsonfireaz@gmail.com
Office: my home group real estate
MLS#:6732075
Source:ARMLS

Price summary

  • Price:$1,750,000

About this home

GREAT OPPORUNITY AWAITS!! This nearly 3-acre lot is ready for development! Only 10 minutes from downtown Phx and just steps away from the Light Rail!! Currently zoned as R-5. It's ready for your ideas to take shape. Development could include apartments, asst living facilities, dependent care homes, hospice centers or group homes. In a planned residential development, approximately 120 units could be created. Mini-apartments could potentially include more units. Phoenix has an on-going effort to develop the South-Central Transit Overlay District (TOD).More information about the TOD and additional uses are in the documents tab. It also has three incentive zones on it - DDA & QCT for qualifying for HUD grants, and an Opportunity zone. (See photos) The property could potentially be rezoned to C-2, which would allow for Dispensaries, Self or RV/Boat Storage, etc. There is water and sewer to the property. The site will be cleared in approximately 2 months. No access to the property from the

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:6732075
  • Updated:November 15, 2025 at 05:47 PM

Structure and exterior

  • Lot area:2.82 Acres

Schools

  • Elementary school:Roosevelt Elementary School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$1,750,000
  • Tax amount:$13,403 (2023)
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 111 E Southern Avenue