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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

      ARMLS
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    SCHOOL RATINGS

    No school information available.

    NOTES

    No notes have been added for this home.

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