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2130 E Washington St
Phoenix, AZ 85034
Proposed Multi-Family on Light Rail · Land For Sale
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0.96 AC
Investment Highlights
- Located in a federally designated Opportunity Zone with attractive tax incentives for investors.
- Environmental report and ALTA survey completed, and soil testing underway.
- Close to major employers, healthcare facilities, and educational institutions.
- Approved for Walkable Urban Code zoning with capacity for five floors and up to 132 residential units.
- Steps from the Valley Metro Light Rail and minutes from Downtown Phoenix.
- Quick access to Phoenix Sky Harbor International Airport and key transportation corridors.
Executive Summary
This 0.96-acre parcel presents a rare development opportunity in Phoenix’s growing Gateway Core district. Positioned within an Opportunity Zone, this property offers substantial tax advantages for investors seeking long-term growth. The site benefits from Walkable Urban Code (WUC) zoning, which allows for up to five floors and approximately 132 multifamily units. Key preparatory steps such as rezoning, an environmental assessment, and an ALTA survey have already been completed, with soil testing in progress, accelerating your timeline to build.
The parcel’s location provides exceptional connectivity with close proximity to the Valley Metro Light Rail, Downtown Phoenix, and major employment hubs. Nearby institutions include St. Luke’s Medical Center and Gateway Community College, along with easy access to Sky Harbor International Airport. The surrounding area has seen revitalization, offering a blend of residential, educational, and healthcare amenities that contribute to strong demand for new mixed-use and multifamily development.
The parcel’s location provides exceptional connectivity with close proximity to the Valley Metro Light Rail, Downtown Phoenix, and major employment hubs. Nearby institutions include St. Luke’s Medical Center and Gateway Community College, along with easy access to Sky Harbor International Airport. The surrounding area has seen revitalization, offering a blend of residential, educational, and healthcare amenities that contribute to strong demand for new mixed-use and multifamily development.
Property Facts
1 Lot Available
Lot
| Price | $2,143,165 CAD | Lot Size | 0.96 AC |
| Price Per AC | $2,232,463.81 CAD |
| Price | $2,143,165 CAD |
| Price Per AC | $2,232,463.81 CAD |
| Lot Size | 0.96 AC |
Vacant and improved land. Easy access to freeways and airport.
Description
2130 E Washington St is a 0.96-acre vacant parcel located in Phoenix, Arizona. The property lies within an area influenced by the Gateway Core district and is adjacent to light rail services, major arterial roads, and regional transit options. The site has public sewer access, level topography, and nearby utility connections. Surrounding land uses include educational facilities, healthcare services, and downtown commercial development.
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