1411 N 3rd St.
- DTC–Townsend Park zoning
- Infill development opportunity within Downtown Phoenix
- Located in a designated urban redevelopment corridor
- Flexible zoning framework supporting urban development concepts
- Minutes from Roosevelt Row, Downtown Phoenix, and Midtown Phoenix
- Strong surrounding multifamily and mixed-use development activity
- Exceptional access to Interstate 10, Interstate 17, and State Route 51
- Proximity to the Phoenix Biomedical Campus and ASU Downtown
- Located within a rapidly growing live-work-play environment
- Scarcity of available development land in the immediate area
- Beneficiary of ongoing public and private investment throughout the urban core
- Ideal for developers, land investors, and future owner-users
- Positioned for long-term appreciation within Phoenix’s expanding downtown footprint
Property Description
1411 N. 3rd Street presents a rare opportunity to acquire a strategically located infill development site within Phoenix’s highly desirable DTC–Townsend Park zoning district. As available development land within the Downtown Phoenix core continues to diminish, the property offers developers, investors, and future owner-users the opportunity to secure a site positioned within one of the city’s most active urban redevelopment corridors. The property’s DTC–Townsend Park zoning provides a flexible framework designed to encourage urban infill, higher-density development, walkability, and mixed-use growth. Located between Downtown Phoenix, Midtown Phoenix, and the Roosevelt Row Arts District, the site is surrounded by substantial public and private investment, including multifamily, mixed-use, office, hospitality, healthcare, and educational developments. Unlike many remaining urban parcels that face significant entitlement uncertainty, the property’s location within the DTC–Townsend Park District positions it within a planning framework specifically intended to support continued redevelopment and increased urban density. Developers seeking to capitalize on Phoenix’s continued population growth, expanding employment base, and increasing demand for urban housing and mixed-use environments will recognize the long-term value of controlling land in this location. With immediate access to Interstate 10, Interstate 17, State Route 51, Downtown Phoenix, the Phoenix Biomedical Campus, and numerous major employment centers, the property offers the connectivity and surrounding infrastructure necessary to support a variety of future development concepts. As redevelopment activity continues to push outward from the Downtown Core and Roosevelt Row, opportunities to acquire well-positioned land sites within established redevelopment districts have become increasingly limited. 1411 N. 3rd Street represents an opportunity to secure a development site within one of Phoenix’s most proven and supply-constrained urban growth corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,144,000 |
| No. of Units: | 13 |
| Year Built: | 1974 |
| Lot Size: | 0.31 Acres |
| Opportunity Zone: | No |
| Price per unit: | $88,000 |
| Property Website | Click Here |
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