Powered by 
- 7
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$1,675,000
Monthly Est:$8,337
-- Bed
-- Bath
2.82acres lot
111 E Southern Ave, Phoenix, AZ 85040
$1,675,000
$8,337/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
2.82 acres lot
$593,972/acre
Description
GREAT OPPORUNITY AWAITS!! Seller will carry with substantial down payment. 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,etc.. In a planned residential development, approximately 120 units could be created. 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 south end. Please see the documents tabs for more information..
- Houzeo last checked: 10 minutes ago
- Listing updated: January 13, 2026 at 4:41 pm
- Listing Provided by: Roxy Westphal (480) 241-4161 , Elizabeth Erwin (602) 399-4881 | My Home Group Real Estate (480) 685-2760
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 6732075
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
2.82 acres lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
6732075
MLS Status
Active
Days on Market
842
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Water Source
City Franchise
Electric
Aps
Other Features
Disclosures
Archeological Site
Price History
| Date | Event | Price |
|---|---|---|
12/07/2025 Source: | Price Decreased | $1,675,000 -4.29% $0/sqft |
06/02/2025 Source: | Listed for Sale | $1,750,000 -12.06% $0/sqft |
03/13/2025 Source: | Pending | $1,990,000 $0/sqft |
11/21/2024 Source: | Listed for Sale | $1,990,000 +53.08% $0/sqft |
12/31/2007 Source: | Price Increased | $1,300,000 +136.36% $0/sqft |
Show more
Nearby Homes
Find Homes by Property Features in Phoenix, AZ
Based on information from the Arizona Regional Multiple Listing Service through Nov 06, 2026, 09:30PM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services
