4302 S Central Ave
Property Description
The former South Phoenix Market site presents a premier infill redevelopment opportunity in the heart of Phoenix. Featuring ±182 feet of frontage along Central Avenue and immediately adjacent to the Broadway/Central Light Rail B Line Station, the property offers exceptional visibility and direct access to public transit. Located within an Opportunity Zone and a Qualified Census Tract (QCT), the site offers compelling financial incentives for investors and developers. There is a strong probability of rezoning approval to high-density residential, creating significant potential for multifamily or mixed-use development. 10 minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, this property offers transit-oriented advantages, city connectivity, and strong development fundamentals in one of Phoenix’s growing corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $3,625,000 |
| No. of Units: | 3 |
| Year Built: | 1951 |
| Lot Size: | 4.63 Acres |
| Opportunity Zone: | No |
| Price per unit: | $1,208,333 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
425 Fitzgerald Road NW
Albuquerque, New MexicoBrokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout